$8,016 Closing Credit*
$675,000
2,690 SqFt
5 Beds
•3 Full Baths, 2 Partial
Julie Young, Listing Office: Coldwell Banker Heritage
Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$279,283
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,796(+8.9%)
Key Takeaway
Homes in Troy Township have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Troy Township was $279,283 in October 2024, up 8.9% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.5K | - | N/A |
| 2 Bedrooms | $132K | $170K | +28.8% |
| 3 Bedrooms | $239.2K | $260K | +8.7% |
| 4 Bedrooms | $365K | $368.2K | +0.9% |
| 5+ Bedrooms | $419K | $480K | +14.6% |
Summary: Troy Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Luckey | $206.5K | $263.5K | +27.6% |
| Troy Township | $256.4K | $279.2K | +8.9% |
| Woodville Township | $178K | $189.9K | +6.7% |
| Lake Township | $222.5K | $224.5K | +0.9% |
| Clay Township | $185K | $175K | -5.4% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 131 | +4.8% |
Summary: The Troy Township real estate market had 131 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 24 | +50.0% |
| 3 Bedrooms | 67 | 59 | -11.9% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Troy Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 29 | -25.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troy Township, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Troy Township in October 2024, down by 25.6% month-over-month. Of the 29 sold homes, 59% were sold under asking, 21% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 37 Days | +2.9% |
Summary: Homes in Troy Township had an average of 37 days on market in Oct 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Troy Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in Troy Township; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.