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
$260,000
$150/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 $260,000 in April 2024, up 6.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.5K | N/A |
2 Bedrooms | $147K | $158.5K | +7.8% |
3 Bedrooms | $230K | $250K | +8.7% |
4 Bedrooms | $369K | $352.2K | -4.5% |
5+ Bedrooms | $270K | $480K | +77.8% |
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 7.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 77.8%.
Median Sold Price Compared To Nearby Cities
Middlefield Township | $229K | $263.3K | +15.0% |
Hiram Township | $241.5K | $275K | +13.9% |
Troy Township | $244K | $260K | +6.6% |
Burton Township | $250K | $260K | +4.0% |
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 |
---|---|---|
92 | 104 | +13.0% |
Summary: The Troy Township real estate market had 104 homes for sale in April 2024, a 13.0% 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 | 14 | 12 | -14.3% |
3 Bedrooms | 44 | 55 | +25.0% |
4 Bedrooms | 25 | 28 | +12.0% |
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 14.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Troy Township in April 2024, up by 31.8% month-over-month. Of the 29 sold homes, 48% were sold under asking, 14% were sold at asking, and 38% 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 |
---|---|---|
51 Days | 67 Days | +30.5% |
Summary: Homes in Troy Township had an average of 67 days on market in Apr 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in Troy Township; 21% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.