Living in Troy, VT
Troy, VT is a quaint community located in the stunning Northeast Kingdom. Known for its natural beauty and outdoor activities, as well as a strong sense of community, it appeals to families and retirees alike. Residents enjoy local amenities, schools, and a pace of life that encourages outdoor exploration and connection among neighbors.
Current Market Conditions in Troy, VT
The real estate market in Troy, VT has remained stable over the past few months, with a slight increase in home prices due to growing interest in the area from buyers seeking a peaceful lifestyle. Properties are averaging a reasonable time on the market, and buyer competition is moderate, particularly for family homes and investment properties.
With the popularity of remote work, many homebuyers are considering small towns like Troy that offer quality living at an attractive price point compared to urban areas. This trend may lead to an uptick in demand for homes, making now a good time for potential sellers.
Home Value Estimator For Troy, VT
There are currently 128 real estate properties
in Troy, VT,
with a median automated valuation model (AVM) price
of $300,366.00. 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, VT, 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, VT,
is $334,420.00, with the most expensive house
in Troy, VT, topping out
at $936,390.00 and the cheapest home
in Troy, VT,
clocking in at $46,529.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, VT!
Rent Prices
In Troy, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, VT, is on
a rollercoaster ride. The
average rent price in Troy, VT,
is $1,228.00. Indeed, when looking to rent in
Troy, VT, you can expect to pay as little
as $910.00 or as much
as $1,650.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Troy, VT
-- 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.
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