Is Troy Hill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Troy Hill is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Troy Hill was a Seller's Market.

Key Takeaway

Troy Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Troy Hill, PA

How much do homes in Troy Hill, PA cost?

Median Sold Price

$235,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$111,000(+89.5%)

Key Takeaway

Homes in Troy Hill have sold for 89.5% more than they did a year ago.

Summary: The median home sold price in Troy Hill was $235,000 in December 2024, up 89.5% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $72.5K-
N/A
2 $84K$158.2K
+88.4%
3 $240K$238K
-0.8%
4 $360K$341.7K
-5.1%
5+ --
N/A

Summary: Troy Hill housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 88.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Troy Hill
+89.5%
North Side
+17.6%
East Allegheny
+9.5%

Housing Supply in Troy Hill, PA

How many homes are available in Troy Hill, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
17170.0%

Summary: The Troy Hill real estate market had 17 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 66
0.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Troy Hill housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Troy Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Troy Hill in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Troy Hill, PA

How long does it take to sell a home in Troy Hill, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
32 Days45 Days+38.5%

Summary: Homes in Troy Hill had an average of 45 days on market in Dec 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Troy Hill has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Troy Hill; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in Troy Hill, PA

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