Is Troy Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$260,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Troy Township was $260,000 in April 2024, up 3.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.5K | N/A |
2 Bedrooms | $131K | $159.2K | +21.5% |
3 Bedrooms | $229.3K | $245K | +6.8% |
4 Bedrooms | $374K | $349.9K | -6.4% |
5+ Bedrooms | $270K | $497.5K | +84.3% |
Summary: Troy Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 84.3%.
Median Sold Price Compared To Nearby Cities
Washington Township | $232.7K | $259.9K | +11.7% |
Lexington | $228.8K | $242.5K | +6.0% |
Troy Township | $246K | $260K | +5.7% |
Troy Township | $251K | $260K | +3.6% |
Springfield Township | $182K | $180K | -1.1% |
Housing Supply in Troy Township, OH
How many homes are available in Troy Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 110 | +11.1% |
Summary: The Troy Township real estate market had 110 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 42 | 52 | +23.8% |
4 Bedrooms | 30 | 34 | +13.3% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Troy Township housing inventory by bedroom type for April 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 increased by 23.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 32 | +39.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Troy Township in April 2024, up by 39.1% month-over-month. Of the 32 sold homes, 44% were sold under asking, 19% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 65 Days | +20.4% |
Summary: Homes in Troy Township had an average of 65 days on market in Apr 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Troy Township; 25% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.