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Foreclosure Homes in Troy, TN

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Troy, TN Foreclosures

How much do homes sell for in Troy, TN?
The average home price is currently $169,169.
In Troy, TN, how many homes are available?
There are currently 15 active home listings available in Troy.
What’s the average rental cost in Troy, TN?
The average rental price in Troy is $831.
What is the most expensive home in Troy?
The most expensive home sold in Troy had a price of $1,988,772.
What is currently the cheapest priced home in Troy, TN?
The cheapest home for sale in Troy is priced at $5,761.

Living in Troy, TN

Troy, Tennessee, is a quaint rural town located in the heart of the South. Known for its friendly atmosphere and strong sense of community, Troy offers a comfortable lifestyle for families and individuals alike. The town features beautiful parks, local eateries, and a rich agricultural background, making it a charming place to live.

Current Market Conditions in Troy, TN

The real estate market in Troy, TN, has shown a steady progression over the past several years, with a gradual increase in home values as demand for rural living grows. The appeal of lower property prices compared to urban areas attracts homebuyers looking for affordable options along with a peaceful lifestyle.

Interest in homes in Troy has been bolstered by the rising trend of remote work, leading many to seek properties with larger living spaces and outdoor areas. This trend has supported development in the area, with new listings coming to market catering to this growing demographic.

Home Value Estimator For Troy, TN

There are currently 1,589 real estate properties in Troy, TN, with a median automated valuation model (AVM) price of $149,800.00. 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, TN, 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, TN, is $169,169.00, with the most expensive house in Troy, TN, topping out at $1,988,772.00 and the cheapest home in Troy, TN, clocking in at $5,761.00. In other words, there’s something for every potential homebuyer or savvy investor in Troy, TN!

Rent Prices In Troy, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troy, TN, is on a rollercoaster ride. The average rent price in Troy, TN, is $831.00. Indeed, when looking to rent in Troy, TN, you can expect to pay as little as $500.00 or as much as $1,800.00, with the average rent median estimated to be $770.00. The good news is that finding an affordable and desirable property to rent in Troy, TN -- 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, TN Foreclosures

Market Trend for Troy, TN

Total Listings Available: 15

Market Values:

Home Prices from $5,761 to $1,988,772

Average Sales Price: $169,169

Rental Values:

Rental from $500 to $1,800

Average Rent Value: $831 / month

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