Is Troy Township, IN 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, IN
How much do homes in Troy Township, IN cost?
Median Sold Price
$195,000
$110/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 $195,000 in April 2024, down 15.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $77.5K | +2.6% |
2 Bedrooms | $152.5K | $140K | -8.2% |
3 Bedrooms | $220K | $196K | -10.9% |
4 Bedrooms | $279.5K | $269.5K | -3.6% |
5+ Bedrooms | $389K | $595K | +53.0% |
Summary: Troy Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 53%.
Median Sold Price Compared To Nearby Cities
Covington | $170K | $202K | +18.8% |
Troy Township | $230K | $195K | -15.2% |
Housing Supply in Troy Township, IN
How many homes are available in Troy Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Troy Township real estate market had 16 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 2 | 2 | 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 decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Troy Township in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Troy Township, IN
How long does it take to sell a home in Troy Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 70 Days | +3.9% |
Summary: Homes in Troy Township had an average of 70 days on market in Apr 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Troy Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.