Troy, NC Foreclosures
Current Market Conditions in in Troy, NC As of February 2026?
Over the past month, Troy's real estate market has seen a slight increase in home prices, which aligns with national trends of rising demand for suburban housing. The number of homes sold has also increased, reflecting a healthy market activity. Buyers are feeling confident, likely due to the area's appealing lifestyle and outdoor offerings. As inventory remains limited, homes are selling quicker than the previous month, suggesting a dynamic and competitive environment for prospective buyers.
How much do homes sell for in Troy, NC?
The average home price is currently $242,137.
In Troy, NC, how many homes are available?
There are currently 6 active home listings available in Troy.
What’s the average rental cost in Troy, NC?
The average rental price in Troy is $1,016.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $4,608,305.
What is currently the cheapest priced home in Troy, NC?
The cheapest home for sale in Troy is priced at $10,014.
Living in Troy, NC
Troy, NC, is a quaint and inviting town nestled in Montgomery County, known for its friendly atmosphere and beautiful landscapes. With a strong sense of community and a variety of recreational activities, it’s an ideal place for families and outdoor enthusiasts alike. The town boasts local shops, dining options, and access to great schools, making it a desirable location for new residents.
Buyer vs Seller Market in Troy, NC
The real estate market in Troy, NC, is experiencing steady growth as more people look to relocate from larger cities for a quieter, more affordable lifestyle. Homes are becoming increasingly sought-after, with many buyers attracted by the charm and amenities of the town. In recent months, there has been a noticeable uptick in home sales and a decrease in inventory, causing prices to rise slightly as demand continues to increase.
This area has traditionally offered a blend of affordable housing options, with opportunities for both first-time buyers and those looking for larger family homes. Given the picturesque setting and strong community ties, Troy is seeing an influx of interest from individuals and families looking to escape urban living.
Home Value Estimator For Troy, NC
There are currently 3,368 real estate properties
in Troy, NC,
with a median automated valuation model (AVM) price
of $184,417.00. 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, NC, 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, NC,
is $242,137.00, with the most expensive house
in Troy, NC, topping out
at $4,608,305.00 and the cheapest home
in Troy, NC,
clocking in at $10,014.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, NC!
Rent Prices
In Troy, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, NC, is on
a rollercoaster ride. The
average rent price in Troy, NC,
is $1,016.00. Indeed, when looking to rent in
Troy, NC, you can expect to pay as little
as $460.00 or as much
as $2,340.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Troy, NC
-- 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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