Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Troy Township has remained a Seller's Market.
Housing Prices in Troy Township, OH
How much do homes in Troy Township, OH cost?
Median Sold Price
$272,108
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Troy Township was $272,108 in April 2024, down 1.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.5K | N/A |
2 Bedrooms | $111.2K | $159.2K | +43.2% |
3 Bedrooms | $251K | $255.6K | +1.9% |
4 Bedrooms | $374.5K | $362.5K | -3.2% |
5+ Bedrooms | $270K | $528.5K | +95.7% |
Summary: Troy Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 95.7%.
Median Sold Price Compared To Nearby Cities
Delaware | $360K | $403K | +12.0% |
Delaware City Township | $326.2K | $334.7K | +2.6% |
Delaware Township | $399.9K | $400.6K | 0.2% |
Troy Township | $275K | $272.1K | -1.1% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 110 | +10.0% |
Summary: The Troy Township real estate market had 110 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 16 | -15.8% |
3 Bedrooms | 46 | 57 | +23.9% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Troy Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 30 | +20.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Troy Township in April 2024, up by 20.0% month-over-month. Of the 30 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 71 Days | +34.4% |
Summary: Homes in Troy Township had an average of 71 days on market in Apr 2024, up by 34.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Troy Township; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.