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
$256,375
$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 $256,375 in March 2024, up 11.5% 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 | $132K | $159.9K | +21.2% |
3 Bedrooms | $230K | $242.5K | +5.4% |
4 Bedrooms | $305K | $355K | +16.4% |
5+ Bedrooms | $168.5K | $426.9K | +153.4% |
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 21.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 153.4%.
Median Sold Price Compared To Nearby Cities
Troy Township | $230K | $256.3K | +11.5% |
Lake Township | $193.7K | $216K | +11.5% |
Clay Township | $168.5K | $180K | +6.8% |
Woodville Township | $182.8K | $180K | -1.6% |
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 |
---|---|---|
83 | 91 | +9.6% |
Summary: The Troy Township real estate market had 91 homes for sale in March 2024, a 9.6% 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 | 37 | 43 | +16.2% |
4 Bedrooms | 25 | 24 | -4.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
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 16.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 24 | -7.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Troy Township in March 2024, down by 7.7% month-over-month. Of the 24 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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 | 66 Days | -0.7% |
Summary: Homes in Troy Township had an average of 66 days on market in Mar 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Troy Township; 21% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.