Troy, NY Housing Market
The Troy housing market is very competitive. The median sale price of a home in Troy was $241K last month, up 32.8% since last year. The median sale price per square foot in Troy is $112, up 2.8% since last year.
Troy Housing Market Trends
In April 2024, Troy home prices were up 32.8% compared to last year, selling for a median price of $241K. On average, homes in Troy sell after 17 days on the market compared to 18 days last year. There were 39 homes sold in April this year, up from 30 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Troy housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 15 days.
- Hot homescan sell for about 5% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 9 days.
- Hot homescan sell for about 8% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 21 days.
- Hot homescan sell for about 3% above list price and go pending in around 7 days.
Troy Migration & Relocation Trends
- Across the nation, 0.34% of homebuyers searched to move into Troy from outside metros.
- New York homebuyers searched to move into Troy more than any other metro followed by Syracuse and Boston.
- 72% of Troy homebuyers searched to stay within the Troy metropolitan area.
- Myrtle Beach was the most popular destination among Troy homebuyers followed by Rochester and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,436 | ||
2 | 434 | ||
3 | 162 | ||
4 | 89 | ||
5 | 67 | ||
6 | 49 | ||
7 | 33 | ||
8 | 33 | ||
9 | 26 | ||
10 | 23 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 78 | ||
2 | 58 | ||
3 | 55 | ||
4 | 34 | ||
5 | 29 | ||
6 | 28 | ||
7 | 23 | ||
8 | 20 | ||
9 | 20 | ||
10 | 16 |
Home offer insights for Troy
Recent offers
View houses in Troy that sold recently
Recently sold homes
- $68,900 Last Sold Price—beds—baths—sq ft687 1st Ave, Troy, NY 12182Listing by Coldwell Banker Prime Prop.List Price$68,900Sale to List0% over listDays on Market49 days687 1st Ave, Troy, NY 12182
- $222,000 Last Sold Price3 beds1 bath878 sq ft14 Mason St, Troy, NY 12180Listing by Howard HannaList Price$210,000Sale to List6% over listDays on Market60 days14 Mason St, Troy, NY 12180
- $202,000 Last Sold Price2 beds1 bath1,144 sq ft47 Adams St, Troy, NY 12180Listing by Kellie Kieley Realty LLCList Price$164,900Sale to List22% over listDays on Market53 days47 Adams St, Troy, NY 12180
- $385,100 Last Sold Price4 beds2.5 baths3,238 sq ft112 Washington St, Troy, NY 12180Listing by Julie & Co Realty, LLCList Price$349,000Sale to List10% over listDays on Market39 days112 Washington St, Troy, NY 12180
- $238,000 Last Sold Price5 beds1.5 baths2,604 sq ft609 5th Ave, Troy, NY 12182Listing by Howard HannaList Price$225,000Sale to List6% over listDays on Market57 days609 5th Ave, Troy, NY 12182
- $152,955 Last Sold Price2 beds1 bath600 sq ft84 N Lake Ave, Troy, NY 12180Listing by Coldwell Banker Prime Prop.List Price$159,000Sale to List4% under listDays on Market124 days84 N Lake Ave, Troy, NY 12180
- $260,000 Last Sold Price3 beds1.5 baths1,376 sq ft1403 Sausse Ave, Troy, NY 12180Listing by Keller Williams Capital DistList Price$254,900Sale to List2% over listDays on Market41 days1403 Sausse Ave, Troy, NY 12180
- $105,000 Last Sold Price8 beds2 baths—sq ft3320 7th Ave, Troy, NY 12180Listing by Howard HannaList Price$100,000Sale to List5% over listDays on Market51 days3320 7th Ave, Troy, NY 12180
See all recently sold homes in Troy.
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Schools in Troy
- Elementary
- Middle
- High
GreatSchools Rating
6/10 PS 16 Public • K-5 | 250 Students | 3 reviews |
5/10 PS 18 Public • K-5 | 285 Students | 5 reviews |
4/10 Van Schaick Island School Public • PreK-5 | 135 Students | 2 reviews |
4/10 PS 14 Public • PreK-5 | 426 Students | 8 reviews |
3/10 Heatly School Public • PreK-12 | 241 Students | 4 reviews |
Climate's impact on Troy housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Troy.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Troy
Walk Score®
Transit Score®
Bike Score®
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