Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$259,966
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Troy Township was $259,966 in March 2024, up 4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.5K | N/A |
2 Bedrooms | $121.6K | $162.5K | +33.6% |
3 Bedrooms | $228.8K | $242.5K | +6.0% |
4 Bedrooms | $365K | $358.7K | -1.7% |
5+ Bedrooms | $270K | $434.9K | +61.1% |
Summary: Troy Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.6%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 61.1%.
Median Sold Price Compared To Nearby Cities
Washington Township | $232.7K | $259.9K | +11.7% |
Lexington | $224.4K | $242.5K | +8.1% |
Troy Township | $244K | $259.9K | +6.5% |
Troy Township | $250K | $259.9K | +4.0% |
Springfield Township | $180K | $180.5K | 0.3% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 96 | +11.6% |
Summary: The Troy Township real estate market had 96 homes for sale in March 2024, a 11.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Troy Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Troy Township in March 2024, down by 4.2% month-over-month. Of the 23 sold homes, 48% were sold under asking, 13% were sold at asking, and 39% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 60 Days | -10.2% |
Summary: Homes in Troy Township had an average of 60 days on market in Mar 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Troy Township; 26% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.