Troy, IN Foreclosures
Current Market Conditions in in Troy, IN As of April 2026?
In the past month, Troy's real estate market has witnessed a notable increase in home sales, where homes are spending less time on the market, increasing the competitive nature among buyers. The average home price has risen by approximately 5% as new listings are coming in at higher prices, reflecting the growing demand in the area. Additionally, interest from potential investors has led to an uptick in rental properties, influencing rental prices upward.
How much do homes sell for in Troy, IN?
The average home price is currently $211,429.
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 $1,949,056.
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 charming small town with a rich community spirit located in the southwestern part of the state. It's an ideal location for families and individuals seeking a peaceful lifestyle amidst beautiful rural landscapes. The community offers various outdoor activities and nearby amenities that cater to its residents.
Buyer vs Seller Market in Troy, IN
Troy, IN's real estate market has recently seen an increase in home prices due to a surge in demand as more people seek the tranquility of rural living. Properties are selling quickly, often above asking price, indicating a competitive market for buyers.
The rental market has also been growing, with an influx of new residents drawn to the area's charm and affordability, compared to urban centers. Investors are starting to take notice, leading to more rental opportunities in Troy.
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 $163,800.00. 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 $211,429.00, with the most expensive house
in Troy, IN, topping out
at $1,949,056.00 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.
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