Living in Troy, MT
Troy, MT, is an idyllic town offering a peaceful lifestyle surrounded by breathtaking natural landscapes. With ample outdoor activities and a close-knit community, it provides an attractive option for families and retirees alike. Residents enjoy access to local amenities while being just a short drive from larger towns for more extensive shopping and services.
Current Market Conditions in Troy, MT
The real estate market in Troy, MT, is currently stable, with a variety of properties available that cater to diverse buyer needs. Home prices have shown modest appreciation over the past few years, making it a promising area for investment, especially for those interested in rental properties or vacation homes.
With the ongoing trend of remote work, more people are looking for homes in small towns like Troy, where they can enjoy the beauty of nature while still being connected, which is anticipated to drive demand in the coming years.
Home Value Estimator For Troy, MT
There are currently 1,537 real estate properties
in Troy, MT,
with a median automated valuation model (AVM) price
of $366,262.00. 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, MT, 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, MT,
is $449,448.00, with the most expensive house
in Troy, MT, topping out
at $11,785,751.00 and the cheapest home
in Troy, MT,
clocking in at $31,270.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, MT!
Rent Prices
In Troy, MT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, MT, is on
a rollercoaster ride. The
average rent price in Troy, MT,
is $1,356.00. Indeed, when looking to rent in
Troy, MT, you can expect to pay as little
as $680.00 or as much
as $2,810.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Troy, MT
-- 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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