Is Troy Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Troy Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Troy Township has remained a Seller's Market.

Key Takeaway

Troy Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Troy Township, OH

How much do homes in Troy Township, OH cost?

Median Sold Price

$274,950

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+5.8%)

Key Takeaway

Homes in Troy Township have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Troy Township was $274,950 in September 2024, up 5.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $64.5K-
N/A
2 $142.5K$159.9K
+12.2%
3 $239.5K$257.7K
+7.6%
4 $365K$356.2K
-2.4%
5+ $519.5K$480K
-7.6%

Summary: Troy Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Cities

Washington
+9.4%
Little Hocking
+8.6%
Troy Township
+5.8%

Housing Supply in Troy Township, OH

How many homes are available in Troy Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
129112-13.2%

Summary: The Troy Township real estate market had 112 homes for sale in September 2024, a 13.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 6559
-9.2%
4 3627
-25.0%
5+ 1511
-26.7%

Summary: The Troy Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 26.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3733-10.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Troy Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Troy Township in September 2024, down by 10.8% month-over-month. Of the 33 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Troy Township, OH

How long does it take to sell a home in Troy Township, OH?

Average Sale Time

Sep 2023Sep 2024CHANGE
33 Days122 Days+264.2%

Summary: Homes in Troy Township had an average of 122 days on market in Sep 2024, up by 264.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Troy Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 33 homes were sold in Troy Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

Newest Listings in Troy Township, OH

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