Troy, NY Housing Market
The Troy housing market is very competitive. The median sale price of a home in Troy was $241K last month, up 32.8% since last year. The median sale price per square foot in Troy is $129, up 10.2% since last year.
Troy Housing Market Trends
In April 2024, Troy home prices were up 32.8% compared to last year, selling for a median price of $241K. On average, homes in Troy sell after 17 days on the market compared to 18 days last year. There were 39 homes sold in April this year, up from 30 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Troy housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 14 days.
- Hot homescan sell for about 6% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 9 days.
- Hot homescan sell for about 9% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 20 days.
- Hot homescan sell for about 7% above list price and go pending in around 7 days.
Troy Migration & Relocation Trends
- Across the nation, 0.34% of homebuyers searched to move into Troy from outside metros.
- New York homebuyers searched to move into Troy more than any other metro followed by Syracuse and Boston.
- 72% of Troy homebuyers searched to stay within the Troy metropolitan area.
- Myrtle Beach was the most popular destination among Troy homebuyers followed by Sarasota and Rochester.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,508 | ||
2 | 454 | ||
3 | 158 | ||
4 | 94 | ||
5 | 71 | ||
6 | 51 | ||
7 | 32 | ||
8 | 32 | ||
9 | 28 | ||
10 | 23 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 79 | ||
2 | 58 | ||
3 | 56 | ||
4 | 33 | ||
5 | 30 | ||
6 | 29 | ||
7 | 25 | ||
8 | 22 | ||
9 | 16 | ||
10 | 15 |
Home offer insights for Troy
Recent offers
View houses in Troy that sold recently
Recently sold homes
- $203,900 Last Sold Price5 beds2 baths1,980 sq ft453 1st St, Troy, NY 12180Listing by Crystal Coleman Realty LLCList Price$199,900Sale to List2% over listDays on Market87 days453 1st St, Troy, NY 12180
- $227,000 Last Sold Price2 beds1.5 baths1,098 sq ft15 Peterson Ct, Troy, NY 12180Listing by Compass Greater NY, LLCList Price$209,900Sale to List8% over listDays on Market35 days15 Peterson Ct, Troy, NY 12180
- $480,000 Last Sold Price12 beds7 baths5,181 sq ft250 4th Ave, Troy, NY 12180Listing by Heer Realty, Inc.List Price$480,000Sale to List0% over listDays on Market70 days250 4th Ave, Troy, NY 12180
- $192,500 Last Sold Price5 beds2 baths2,636 sq ft598 Pawling Ave, Troy, NY 12180Listing by Howard HannaList Price$189,000Sale to List2% over listDays on Market75 days598 Pawling Ave, Troy, NY 12180
- $280,000 Last Sold Price4 beds1.5 baths1,160 sq ft18 Ahern Ave, Troy, NY 12180Listing by Clancy Real EstateList Price$249,900Sale to List12% over listDays on Market37 days18 Ahern Ave, Troy, NY 12180
- $30,500 Last Sold Price8 beds2 baths2,724 sq ft676 4th Ave, Troy, NY 12182Listing by Core Real Estate TeamList Price$25,000Sale to List22% over listDays on Market43 days676 4th Ave, Troy, NY 12182
- $400,000 Last Sold Price8 beds4 baths3,000 sq ft404-406 9th St, Troy, NY 12180Listing by Oxford Property Group USAList Price$395,000Sale to List1% over listDays on Market56 days404-406 9th St, Troy, NY 12180
- $325,000 Last Sold Price4 beds2 baths1,560 sq ft105 Nyroy Dr, Troy, NY 12180Listing by Keller Williams Capital DistList Price$329,000Sale to List1% under listDays on Market106 days105 Nyroy Dr, Troy, NY 12180
See all recently sold homes in Troy.
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Schools in Troy
- Elementary
- Middle
- High
GreatSchools Rating
6/10 PS 16 Public • K-5 | 250 Students | 3 reviews |
5/10 PS 18 Public • K-5 | 285 Students | 5 reviews |
4/10 Van Schaick Island School Public • PreK-5 | 135 Students | 2 reviews |
4/10 PS 14 Public • PreK-5 | 426 Students | 8 reviews |
3/10 Heatly School Public • PreK-12 | 241 Students | 4 reviews |
Climate's impact on Troy housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Troy.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Troy
Walk Score®
Transit Score®
Bike Score®
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