$2,909 Closing Credit*
$245,000
1,824 SqFt
2 Beds
•1 Full Bath, 1 Partial
Joe Paolazzi, Listing Office: Redfin Corporation
Is Troy Hill, PA 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 Hill has remained a Buyer'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
$204,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,000(+45.7%)
Key Takeaway
Homes in Troy Hill have sold for 45.7% more than they did a year ago.
Summary: The median home sold price in Troy Hill was $204,000 in October 2024, up 45.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | - | N/A |
| 2 Bedrooms | $90K | $113K | +25.6% |
| 3 Bedrooms | $230K | $260K | +13.0% |
| 4 Bedrooms | $360K | $333.5K | -7.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Troy Hill 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 25.6%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Troy Hill | $140K | $204K | +45.7% |
| North Side | $180K | $199.9K | +11.1% |
| East Allegheny | $269K | $280K | +4.1% |
Housing Supply in Troy Hill, PA
How many homes are available in Troy Hill, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Troy Hill real estate market had 21 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Troy Hill 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 2 homes were sold or pending in Troy Hill in October 2024, down by 50.0% month-over-month. Of the 2 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 81 Days | +2616.7% |
Summary: Homes in Troy Hill had an average of 81 days on market in Oct 2024, up by 2616.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Troy Hill has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Troy Hill; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
