Foreclosure Homes in Troy, OH 45373

Current Market Conditions in Troy, OH

The current real estate market in Troy is experiencing moderate growth, with property values steadily increasing over the past year. The demand for homes remains strong due to the city's appealing lifestyle, making it competitive for buyers, especially in the standard family home segment.

Real estate trends indicate that while the inventory of homes listed has been relatively lower, homes are selling quickly, often closing above the asking price. This trend highlights the desirability of Troy as a prime location for families and young professionals.

Rent Prices In Troy, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, OH, is on a rollercoaster ride. The average rent price in Troy, OH, is $1,215.00. Indeed, when looking to rent in Troy, OH, you can expect to pay as little as $630.00 or as much as $2,420.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Troy, OH -- 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.