Living in Troy, ID
Troy, ID is a quaint small town offering a peaceful community atmosphere surrounded by scenic landscapes. With various outdoor activities and a commitment to education, residents enjoy a blend of rural charm and modern conveniences. Proximity to Moscow provides additional amenities for residents while maintaining the tranquility of country living.
Current Market Conditions in Troy, ID
The real estate market in Troy has shown significant stability over the past year, with a healthy balance between demand and supply. Home prices have experienced moderate growth, reflecting the town’s appeal to new residents looking for affordable housing options amidst beautiful natural surroundings.
In comparison to neighboring areas, Troy’s real estate market remains competitive, with many homes selling fairly quickly as buyers seek to settle in the tranquil environment. Investment interest has been growing, with more developments entering the market, providing options for both buyers and investors.
Home Value Estimator For Troy, ID
There are currently 351 real estate properties
in Troy, ID,
with a median automated valuation model (AVM) price
of $375,452.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Troy, ID, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Troy, ID,
is $396,966.00, with the most expensive house
in Troy, ID, topping out
at $1,960,800.00 and the cheapest home
in Troy, ID,
clocking in at $52,895.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, ID!
Rent Prices
In Troy, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, ID, is on
a rollercoaster ride. The
average rent price in Troy, ID,
is $1,280.00. Indeed, when looking to rent in
Troy, ID, you can expect to pay as little
as $1,280.00 or as much
as $1,280.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Troy, ID
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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