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
$269,975
$152/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 $269,975 in March 2024, down 1.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.5K | N/A |
2 Bedrooms | $100.6K | $165K | +64.0% |
3 Bedrooms | $265K | $248.4K | -6.2% |
4 Bedrooms | $365K | $365K | 0.0% |
5+ Bedrooms | $212K | $503.5K | +137.5% |
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 64%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 137.5%.
Median Sold Price Compared To Nearby Cities
Delaware | $351.1K | $405.8K | +15.6% |
Delaware Township | $391K | $405.3K | +3.7% |
Delaware City Township | $325K | $332.9K | +2.4% |
Troy Township | $275K | $269.9K | -1.8% |
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 |
---|---|---|
90 | 97 | +7.8% |
Summary: The Troy Township real estate market had 97 homes for sale in March 2024, a 7.8% 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 | 18 | 19 | +5.6% |
3 Bedrooms | 38 | 44 | +15.8% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
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 5.6%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Troy Township in March 2024, down by 3.8% month-over-month. Of the 25 sold homes, 56% were sold under asking, 12% were sold at asking, and 32% 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 |
---|---|---|
62 Days | 57 Days | -7.6% |
Summary: Homes in Troy Township had an average of 57 days on market in Mar 2024, down by 7.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Troy Township; 28% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.