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Rent To Own Homes in Troy, NY

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Troy, NY Foreclosures

How much do homes sell for in Troy, NY?
The average home price is currently $297,999.
In Troy, NY, how many homes are available?
There are currently 49 active home listings available in Troy.
What’s the average rental cost in Troy, NY?
The average rental price in Troy is $1,360.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $18,160,294.
What is currently the cheapest priced home in Troy, NY?
The cheapest home for sale in Troy is priced at $10,149.

Living in Troy, NY

Troy is a historic city located on the banks of the Hudson River in upstate New York. Known for its rich architectural heritage and vibrant arts scene, it provides a unique blend of urban life and community charm. With a diverse array of restaurants, cultural events, and parks, Troy offers residents a fulfilling lifestyle with easy access to outdoor activities and amenities.

Current Market Conditions in Troy, NY

The real estate market in Troy has shown resilience and growth, with a steady increase in home prices over the past year. The demand for housing remains high, driven by the city's appeal to young professionals and families seeking a lower cost of living compared to nearby metropolitan areas like Albany.

Troy's revitalization efforts have introduced new developments and renovations, particularly in the downtown area, attracting more residents and investors. As local businesses continue to thrive and cultural amenities expand, the market is expected to stay competitive.

Home Value Estimator For Troy, NY

There are currently 19,433 real estate properties in Troy, NY, with a median automated valuation model (AVM) price of $256,116.00. 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, NY, 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, NY, is $297,999.00, with the most expensive house in Troy, NY, topping out at $18,160,294.00 and the cheapest home in Troy, NY, clocking in at $10,149.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy, NY!

Rent Prices In Troy, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, NY, is on a rollercoaster ride. The average rent price in Troy, NY, is $1,360.00. Indeed, when looking to rent in Troy, NY, you can expect to pay as little as $770.00 or as much as $4,380.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Troy, NY -- 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.

Troy, NY Rent To Own Homes

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