Troy, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Troy, IL is $360,000, up 7.8% year-over-year. Homes sell in an average of 76 days with 28 active listings. The market is currently a balanced market.
$360,000median sale price
Homes sold
9
Last 12 weeks
Days on market
76
Average pace
Active listings
28
3.1 months supply
Sale-to-list
99.3%
Below asking
Troy, IL market data
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $295,000 |
| Year-over-year price change | +7.8% |
| Average days on market | 76 days |
| Active inventory | 28 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 99.3% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Troy housing market is currently classified as a balanced market with a median sale price of $360,000. Prices have risen 7.8% compared to last year, with homes spending an average of 76 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Troy
There are currently 28 homes listed for sale in Troy, Illinois. The median listing price is $295K.
Active listings
28
Homes on market
Median list price
$295K
Avg. days on market
76
Days until sale
New this week
15
Newly listed
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Frequently asked questions
What is the average home price in Troy?
The median home sale price in Troy is $360,000, up 7.8% from last year.
How long do homes stay on market in Troy?
Homes typically spend 76 days on market before going under contract.
Is Troy a buyer's or seller's market?
With 3.1 months of supply, Troy is currently a balanced market.
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