Troy, AL Home Values & Market Trends
Real estate market trends reflect that there have been 207 transactions over the past year in Troy. The median value for residential home transactions that occurred over the previous year is $166,700.99. The number of current listings in Troy is 55, and the percentage of properties for sale in the city is 55.00%. Troy, AL currently has 5 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 55 properties for sale.
Troy, AL Real Estate Market Overview
Housing Market Summary for Troy, AL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $249.9K | $182.4K | -27.02% |
Median Sold Price | $170.5K | $182.4K | 7.01% |
Homes For Sale | 30 | 49 | 63.33% |
Homes Sold | 104 | 87 | -16.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Troy, AL
Browse Homes in Troy, AL
Troy home values range from $20,076 to $1,531,022. The median estimated value of a home in Troy is $166,700.99. The median list price of a home is 242,500, and the total count of properties in the city is 6,621.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Troy, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Troy, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Troy, AL ranges from the highest value of $124,262 in 36081 to the lowest value of $124,262 in 36079. Bank owned homes and properties account for 0.03% of properties in Troy, AL. There are 3 zips within Troy, AL; 36079 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36081 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Troy, AL. Auction homes and other auction properties account for 0.05% of all properties in Troy, AL. There are 3 zips within Troy, AL; of those zips, the median estimated home value for homes going to auction ranges from $121,000 in 36081 to the lowest value of $65,405 in 36081.
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More Real Estate Resources for Troy, AL
Guide for Troy, AL
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Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]
Information on foreclosure financing, refinancing, and foreclosure mortgages.