Troy, NY Home Values & Market Trends

Real estate market trends reflect that there have been 1,003 transactions over the past year in Troy. The median value for residential home transactions that occurred over the previous year is $277,200. The number of current listings in Troy is 865, and the percentage of properties for sale in the city is 865.00%. Troy, NY currently has 238 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 865 properties for sale.

Troy, NY Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
12180

$ 295,282

$ 196/sqft

12182

$ 239,000

$ 175/sqft

12180

$ 295,282

$ 196/sqft

12183

$ 245,769

$ 182/sqft

12182

$ 239,000

$ 175/sqft

12183

$ 245,769

$ 182/sqft

Housing Market Summary for Troy, NY

Sep 2025September 2026Change
Median Listing Price$250K$265K6.00%
Median Sold Price$236.6K$281.5K18.98%
Homes For Sale58184345.09%
Homes Sold336322-4.17%
Price
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Homes For Sale
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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%.

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Browse Homes in Troy, NY

Troy home values range from $31,826 to $903,168. The median estimated value of a home in Troy is $277,200. The median list price of a home is 264,900, and the total count of properties in the city is 1,674.

Foreclosure
There are 6 zips within Troy, NY; within these zips, the median estimated home value for homes in foreclosure ranges from $288,092 in 12182 to the lowest value of $65,000 in 12182. Foreclosure homes account for 14.00% of properties in Troy, NY with 12180 containing 153 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 13.38% of all residential properties in Troy, NY with 12180 containing 144 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Troy, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $621,946 in 12183 to the lowest home value of $65,000 in 12182.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Troy, NY ranges from the highest value of $0 in 12180 to the lowest value of $158,283 in 12180. Bank owned homes and properties account for 0.12% of properties in Troy, NY. There are 6 zips within Troy, NY; 12182 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    12180 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Troy, NY. Auction homes and other auction properties account for 0.72% of all properties in Troy, NY. There are 6 zips within Troy, NY; of those zips, the median estimated home value for homes going to auction ranges from $375,094 in 12182 to the lowest value of $149,900 in 12182.
Homes for Sale
Homes and properties that are actively listed for sale account for 51.67% of residential properties in Troy, NY with 12180 containing 592 homes for sale, the highest number of listed properties in a single zip. There are 6 zips within Troy, NY; homes for sale in those zips, have a range of median values from $386,290 in 12183 to the lowest value of $31,826 in 12180.
    Sold Homes
    The median value for recently sold homes ranges from $295,720 in 12183 to the lowest price of $40,253 in 12183. There are 6 zips within Troy, NY. 12180 has 248 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 19.89% of properties in Troy, NY.

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      Guide for Troy, NY

      Home Buying Guides & Tips
      New York Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      New York Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      New York Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.