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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 $166,339.
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 $1,927,700.
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, TN, is a charming town that offers a peaceful, family-friendly environment blessed with natural beauty and community spirit. With essential amenities, quality schools, and plenty of outdoor activities, it has become a desirable place for families and investors alike. The area's historic charm, along with its welcoming community, makes it an attractive location for real estate investment.

Current Market Conditions in Troy, TN

The real estate market in Troy is currently stable with a modest increase in home values over the past year. Investors can find opportunities in single-family residences and multifamily units, which are highly sought after due to the town's growing population and the need for affordable housing.

In recent months, the demand for homes in Troy has outpaced supply, leading to quicker sales and competitive pricing. This trend is expected to continue as more families and individuals discover the benefits of living in this quaint town.

Home Value Estimator For Troy, TN

There are currently 1,588 real estate properties in Troy, TN, with a median automated valuation model (AVM) price of $143,256.00. 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 $166,339.00, with the most expensive house in Troy, TN, topping out at $1,927,700.00 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 $780.00. 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 $1,927,700

Average Sales Price: $166,339

Rental Values:

Rental from $500 to $1,800

Average Rent Value: $831 / month

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