Troy, IN Foreclosures
How much do homes sell for in Troy, IN?
The average home price is currently $212,012.
In Troy, IN, how many homes are available?
There are currently 1 active home listings available in Troy.
What’s the average rental cost in Troy, IN?
The average rental price in Troy is $1,063.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $1,976,761.
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 peaceful small town characterized by a close-knit community and picturesque surroundings. It offers residents a relaxing lifestyle with convenient access to outdoor activities and essential amenities. Families will appreciate the local schools and community events that enrich life in Troy.
Current Market Conditions in Troy, IN
The real estate market in Troy, IN remains stable with a modest but steady rate of growth. Property values have seen a slight increase as more families are attracted to the area's serene environment and affordability. This trend indicates a healthy demand for housing, particularly among first-time buyers and retirees seeking a relaxing lifestyle.
Homes in Troy generally sell within a reasonable timeframe, suggesting a balanced market where both buyers and sellers can find favorable conditions. The local economy is also benefiting from small business growth, attracting residents looking for both affordability and community.
Investors are starting to take notice of Troy, as the area displays potential for long-term appreciation in property values. With ongoing community developments and an emphasis on maintaining the town's charm, Troy presents an appealing opportunity for real estate investment.
Home Value Estimator For Troy, IN
There are currently 227 real estate properties
in Troy, IN,
with a median automated valuation model (AVM) price
of $166,385.00. 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 $212,012.00, with the most expensive house
in Troy, IN, topping out
at $1,976,761.00 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 $1,063.00. 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 $1,050.00. 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.
Learn more on Foreclosure homes
