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Featured local agent — Troy, MO
Sarah Mitchell
Compass Real Estate · Troy, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Troy, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$299,900median sale price
How is the Troy, MO housing market right now?
The median home sale price in Troy, MO is $299,900, up 11.6% year-over-year. Homes sell in an average of 22 days with 22 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Troy a buyer's or seller's market?
Troy, MO is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
22
Average pace
Active listings
22
1.0 months supply
Sale-to-list
100.7%
Above asking
What does the Troy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $299,900 |
| Median list price | $308,500 |
| Year-over-year price change | +11.6% |
| Average days on market | 22 days |
| Active inventory | 22 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $224/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 20 |
| Listings with a price cut | 27.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Troy by property type?
How the Troy, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $299,900 | $224/sq ft | 21 | 22 days |
| Condo / Co-op | $199,000 | $97/sq ft | 1 | 51 days |
Source: Redfin · Updated monthly
The Troy housing market is currently classified as a strong seller's market with a median sale price of $299,900. Prices have risen 11.6% compared to last year, with homes spending an average of 22 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Troy
There are currently 22 homes listed for sale in Troy, Missouri. The median listing price is $309K.
Active listings
22
Homes on market
Median list price
$309K
Avg. days on market
22
Days until sale
New this week
20
Newly listed
Who lives in Troy?
Population
13,467
Median income
$75,777/yr
Median age
34.8 years
Owner-occupied
69.4%
College grads
13.1%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What are homes worth in Troy?
Zillow home value
$321,123
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Troy?
Troy is a community of approximately 13K residents with a median age of 34.8 years.The median household income is $75,777, which reflects a relatively affluent area with strong earning potential. 13.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Troy offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Troy?
9 schools tracked · 5,421 students
The largest public schools serving Troy, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
TROY BUCHANAN HIGH
Grades 9-12 · 2,174 students
TROY MIDDLE
Grades 6-8 · 734 students
CUIVRE PARK ELEMENTARY
Grades K-5 · 626 students
LINCOLN ELEM.
Grades K-5 · 439 students
BOONE ELEM.
Grades K-5 · 429 students
CLAUDE BROWN ELEMENTARY
Grades PK-5 · 418 students
MAIN STREET ELEM.
Grades PK-5 · 399 students
LINCOLN CO EARLY CHILDHOOD CTR
Grades PK · 190 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Troy, MO?
Want a head-to-head view? Compare Troy side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Troy?
The median home sale price in Troy is $299,900, up 11.6% from last year.
How long do homes stay on market in Troy?
Homes typically spend 22 days on market before going under contract.
What is the median income in Troy?
The median household income is $75,777 per year.
Is Troy a buyer's or seller's market?
With 1.0 months of supply, Troy is currently a strong seller's market.
What is the Zillow home value estimate for Troy?
The Zillow Home Value Index (ZHVI) for Troy is $321,123, representing the typical home value in the area.
What is the median condo price in Troy?
The median condo/co-op sale price in Troy, MO is $199,000, compared to $299,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Troy?
The median single-family home price in Troy, MO is $299,900 (about $224 per square foot).
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