Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$197,750
$152/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Troy Township was $197,750 in February 2024, down 23.2% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $231K | $159K | -31.2% |
3 Bedrooms | $280K | $243K | -13.2% |
4 Bedrooms | $340K | $212.4K | -37.5% |
5+ Bedrooms | $275K | $535K | +94.5% |
Summary: Troy Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.2%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 94.5%.
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
79 | 76 | -3.8% |
Summary: The Troy Township real estate market had 76 homes for sale in February 2024, a 3.8% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 38 | 31 | -18.4% |
4 Bedrooms | 18 | 25 | +38.9% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Troy Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Troy Township in February 2024, up by 4.8% month-over-month. Of the 22 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
50 Days | 81 Days | +59.9% |
Summary: Homes in Troy Township had an average of 81 days on market in Feb 2024, up by 59.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in Troy Township; 14% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.