Living in Troy, VT
Troy, Vermont is a serene town known for its beautiful landscapes and friendly community. Offering a range of outdoor activities and local amenities, it provides a perfect balance between rural charm and modern conveniences. The town's accessibility and quality educational institutions make it an attractive option for families and retirees alike.
Current Market Conditions in Troy, VT
The real estate market in Troy, VT has shown steady growth in recent years, making it an attractive destination for investors. The homes tend to maintain their value, with an increasing demand as more individuals and families seek refuge in this peaceful setting away from busy urban areas.
With affordable property prices compared to nearby towns, investors can find both residential and rental opportunities that provide good returns. The combination of increased interest in rural living and limited housing supply is likely to sustain the upward trend in property values.
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 $265,355.00. 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 $298,676.00, with the most expensive house
in Troy, VT, topping out
at $871,824.00 and the cheapest home
in Troy, VT,
clocking in at $44,996.00. 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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