Troy, NY Housing Market
The Troy housing market is very competitive. The median sale price of a home in Troy was $200K last month, up 9.6% since last year. The median sale price per square foot in Troy is $103, up 19.8% since last year.
Troy Housing Market Trends
In March 2024, Troy home prices were up 9.6% compared to last year, selling for a median price of $200K. On average, homes in Troy sell after 30 days on the market compared to 56 days last year. There were 45 homes sold in March this year, up from 40 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 18 days.
- Hot homescan sell for about 6% above list price and go pending in around 8 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 4% above list price and go pending in around 8 days.
- Hot homescan sell for about 7% 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 around list price and go pending in around 26 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 days.
Troy Migration & Relocation Trends
- Across the nation, 0.35% 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 Sarasota and Cape Coral.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,491 | ||
2 | 401 | ||
3 | 158 | ||
4 | 98 | ||
5 | 64 | ||
6 | 53 | ||
7 | 50 | ||
8 | 35 | ||
9 | 31 | ||
10 | 29 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 81 | ||
2 | 56 | ||
3 | 34 | ||
4 | 29 | ||
5 | 28 | ||
6 | 27 | ||
7 | 26 | ||
8 | 19 | ||
9 | 18 | ||
10 | 16 |
Home offer insights for Troy
Recent offers
View houses in Troy that sold recently
Recently sold homes
- $279,900 Last Sold Price4 beds2 baths1,653 sq ft844 7th Ave, Troy, NY 12182Listing by CMN Real EstateList Price$269,900Sale to List4% over listDays on Market77 days844 7th Ave, Troy, NY 12182
- $291,000 Last Sold Price4 beds1.5 baths1,700 sq ft1302 Sausse Ave, Troy, NY 12180Listing by Coldwell Banker Prime Prop.List Price$264,900Sale to List10% over listDays on Market46 days1302 Sausse Ave, Troy, NY 12180
- $180,000 Last Sold Price3 beds2 baths1,540 sq ft1704 Massachusetts Ave, Troy, NY 12180Listing by Coldwell Banker CommercialList Price$159,500Sale to List13% over listDays on Market48 days1704 Massachusetts Ave, Troy, NY 12180
- $474,500 Last Sold Price4 beds3 baths1,933 sq ft619 Pinewoods Ave, Troy, NY 12180Listing by Coldwell Banker Prime Prop.List Price$449,900Sale to List5% over listDays on Market51 days619 Pinewoods Ave, Troy, NY 12180
- $239,500 Last Sold Price3 beds1 bath1,200 sq ft1004 Cloverlawn Rd, Troy, NY 12180Listing by Keller Williams Capital DistList Price$235,000Sale to List2% over listDays on Market83 days1004 Cloverlawn Rd, Troy, NY 12180
- $145,000 Last Sold Price3 beds2 baths836 sq ft1023 5th Ave, Troy, NY 12180Listing by Heer Realty, Inc.List Price$149,900Sale to List3% under listDays on Market268 days1023 5th Ave, Troy, NY 12180
- $199,000 Last Sold Price6 beds2 baths2,496 sq ft554 5th Ave, Troy, NY 12182Listing by Keller Williams Capital DistList Price$212,000Sale to List6% under listDays on Market51 days554 5th Ave, Troy, NY 12182
- $214,900 Last Sold Price5 beds2 baths2,232 sq ft549 1st St, Troy, NY 12180Listing by Crystal Coleman Realty LLCList Price$214,900Sale to List0% over listDays on Market49 days549 1st St, 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 | 315 Students | 3 reviews |
5/10 PS 18 Public • K-5 | 333 Students | 5 reviews |
4/10 Van Schaick Island School Public • PreK-5 | 175 Students | 2 reviews |
4/10 PS 14 Public • PreK-5 | 574 Students | 8 reviews |
3/10 Heatly School Public • PreK-12 | 267 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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