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
$257,570
$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 $257,570 in March 2024, up 3.2% 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 | $138K | $162.5K | +17.8% |
3 Bedrooms | $245K | $244K | -0.4% |
4 Bedrooms | $365K | $355K | -2.7% |
5+ Bedrooms | $168.5K | $457.4K | +171.5% |
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 17.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 171.5%.
Median Sold Price Compared To Nearby Cities
Washington | $206.7K | $239K | +15.6% |
Troy Township | $249.5K | $257.5K | +3.2% |
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 |
---|---|---|
85 | 93 | +9.4% |
Summary: The Troy Township real estate market had 93 homes for sale in March 2024, a 9.4% 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 | 14 | 15 | +7.1% |
3 Bedrooms | 36 | 41 | +13.9% |
4 Bedrooms | 26 | 26 | 0.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
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 7.1%, 3 bedroom homes increased by 13.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Troy Township in March 2024, up by 8.7% month-over-month. Of the 25 sold homes, 52% were sold under asking, 12% were sold at asking, and 36% 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 |
---|---|---|
68 Days | 71 Days | +4.4% |
Summary: Homes in Troy Township had an average of 71 days on market in Mar 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Troy Township; 20% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.