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Foreclosure Homes in Troy, IL

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Troy, IL Foreclosures

Current Market Conditions in in Troy, IL As of March 2026?
This past month, the Troy real estate market has seen an increase in buyer interest, with homes averaging slightly fewer days on the market compared to the previous month. Prices have remained stable, but there has been a slight uptick, likely due to seasonal demand. As the weather warms, more buyers are expected to enter the market, further contributing to activity levels and possibly increasing home prices in the coming months.
How much do homes sell for in Troy, IL?
The average home price is currently $325,707.
In Troy, IL, how many homes are available?
There are currently 28 active home listings available in Troy.
What’s the average rental cost in Troy, IL?
The average rental price in Troy is $1,300.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $4,052,175.
What is currently the cheapest priced home in Troy, IL?
The cheapest home for sale in Troy is priced at $13,405.

Living in Troy, IL

Troy, IL, is a family-friendly suburb located conveniently close to St. Louis. With its affordable living, local amenities, and a variety of recreational activities, it offers a perfect blend of small-town charm and accessibility. Residents enjoy a strong community feel with numerous parks and excellent schools.

Buyer vs Seller Market in Troy, IL

The real estate market in Troy is experiencing steady growth, with a healthy balance between supply and demand. Home values have been appreciating slowly, making it an attractive market for both buyers and investors looking for long-term appreciation.

Recent trends show that homes in Troy have been selling within a reasonable timeframe, indicating a competitive market for desired properties. The influx of families seeking affordable housing options contributes to the stability of the market.

Home Value Estimator For Troy, IL

There are currently 6,027 real estate properties in Troy, IL, with a median automated valuation model (AVM) price of $305,669.00. 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, IL, 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, IL, is $325,707.00, with the most expensive house in Troy, IL, topping out at $4,052,175.00 and the cheapest home in Troy, IL, clocking in at $13,405.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy, IL!

Rent Prices In Troy, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, IL, is on a rollercoaster ride. The average rent price in Troy, IL, is $1,300.00. Indeed, when looking to rent in Troy, IL, you can expect to pay as little as $670.00 or as much as $2,370.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Troy, IL -- 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.

Troy, IL Foreclosures

Market Trend for Troy, IL

Total Listings Available: 28

Market Values:

Home Prices from $13,405 to $4,052,175

Average Sales Price: $325,707

Rental Values:

Rental from $670 to $2,370

Average Rent Value: $1,300 / month

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