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As-is Deals in Troy, IL

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Troy, IL Foreclosures

Current Market Conditions in in Troy, IL As of April 2026?
Over the past month, the real estate market in Troy has seen a slight uptick in home sales, driven by increased interest among both first-time buyers and families looking to settle in the area. The median home price has risen moderately as a result of competitive offers from buyers. Open houses have attracted more visitors, signaling a positive trend for sellers despite the challenges of limited inventory.
How much do homes sell for in Troy, IL?
The average home price is currently $324,669.
In Troy, IL, how many homes are available?
There are currently 31 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 vibrant suburban community known for its friendly residents and strong educational system. With easy access to both local amenities and the city of St. Louis, it offers a perfect balance between suburban serenity and urban convenience. Outdoor activities, local parks, and engaging community events make this town a wonderful place to live and grow.

Buyer vs Seller Market in Troy, IL

The real estate market in Troy, IL is currently experiencing strong demand, with many homes available but a limited supply leading to competitive bidding environments. Homes are generally selling quickly, often at or above asking price. This trend indicates a healthy market for both buyers and sellers, making it an attractive option for investment.

Potential homebuyers are drawn to Troy due to its affordability compared to nearby urban areas. Additionally, the community’s amenities, school system, and family-oriented lifestyle further contribute to the growing interest in residential properties in the town.

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 $304,286.00. 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 $324,669.00, 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 As-is Deals

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