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Cheap Homes in Troy, OH

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Troy, OH Foreclosures

How much do homes sell for in Troy, OH?
The average home price is currently $334,547.
What’s the average rental cost in Troy, OH?
The average rental price in Troy is $1,215.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $28,301,984.
What is currently the cheapest priced home in Troy, OH?
The cheapest home for sale in Troy is priced at $18,340.

Living in Troy, OH

Troy, Ohio, is a quaint city that seamlessly blends historical charm with modern living. With delightful local shops, various parks, and a strong sense of community, it offers an excellent environment for families and individuals alike. Residents can enjoy outdoor activities along the Great Miami River, making it a perfect location for those seeking suburban tranquility with accessible urban conveniences.

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.

Home Value Estimator For Troy, OH

There are currently 13,958 real estate properties in Troy, OH, with a median automated valuation model (AVM) price of $279,280.00. 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, OH, 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, OH, is $334,547.00, with the most expensive house in Troy, OH, topping out at $28,301,984.00 and the cheapest home in Troy, OH, clocking in at $18,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy, OH!

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.

Cheap Homes in Troy, OH


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