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Foreclosure Homes in Troy, IN 47588

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Troy, IN Foreclosures

How much do homes sell for in Troy, IN?
The average home price is currently $201,469.
In Troy, IN, how many homes are available?
There are currently 3 active home listings available in Troy.
What’s the average rental cost in Troy, IN?
The average rental price in Troy is $1,065.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $639,421.
What is currently the cheapest priced home in Troy, IN?
The cheapest home for sale in Troy is priced at $10,337.

Living in Troy, IN

Troy, Indiana is a delightful small town that offers a serene lifestyle surrounded by nature. With friendly neighbors and a close community feel, it’s a perfect place for those seeking tranquility away from the hustle and bustle. The scenic surroundings provide plenty of opportunities for outdoor activities and leisure.

Current Market Conditions in Troy, IN

The real estate market in Troy, IN, is currently experiencing a gradual increase in property values due to a growing interest in rural living, particularly post-pandemic. Many buyers are looking for affordable homes with plenty of space and access to nature, which has resulted in an uptick in sales activity.

Despite being a small town, Troy offers a diverse range of housing options, from quaint starter homes to spacious properties ideal for families. The inventory remains relatively low, leading to competitive prices for desirable listings.

Home Value Estimator For Troy, IN

There are currently 203 real estate properties in Troy, IN, with a median automated valuation model (AVM) price of $160,500.00. 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, IN, 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, IN, is $201,469.00, with the most expensive house in Troy, IN, topping out at $639,421.00 and the cheapest home in Troy, IN, clocking in at $10,337.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy, IN!

Rent Prices In Troy, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, IN, is on a rollercoaster ride. The average rent price in Troy, IN, is $1,065.00. Indeed, when looking to rent in Troy, IN, you can expect to pay as little as $620.00 or as much as $1,660.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Troy, IN -- 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, IN 47588 Foreclosures


Market Trend for Troy, IN

Total Listings Available: 3

Market Values:

Home Prices from $10,337 to $639,421

Average Sales Price: $201,469

Rental Values:

Rental from $620 to $1,660

Average Rent Value: $1,065 / month

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