Preforeclosure Homes in Troy, MO

Current Market Conditions in Troy, MO

The current real estate market in Troy, MO, shows promising growth with an increase in home prices compared to last year. The town's affordable housing options and proximity to employment centers in nearby cities have attracted many new residents looking for a quieter lifestyle without sacrificing convenience. Listings often sell quickly, and the demand for homes remains strong as families seek quality education and community-oriented living.

With the continuous development in infrastructure and local businesses, Troy is becoming an increasingly sought-after location for homebuyers. The trend toward remote work has also made Troy appealing for those wishing to relocate to more affordable areas while maintaining connectivity to urban centers.

Rent Prices In Troy, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, MO, is on a rollercoaster ride. The average rent price in Troy, MO, is $1,357.00. Indeed, when looking to rent in Troy, MO, you can expect to pay as little as $700.00 or as much as $2,700.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Troy, MO -- 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.