Troy, NY Housing Market & Real Estate

Seller's market-15.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Troy, NY is $190,000, down 15.6% year-over-year. Homes sell in an average of 28 days with 47 active listings. The market is currently a seller's market.

$190,000median sale price

Homes sold

29

Last 12 weeks

Days on market

28

Average pace

Active listings

47

1.6 months supply

Sale-to-list

97.4%

Below asking

Troy, NY market data

Current housing market statistics for Troy, NY
MetricValue
Median sale price$190,000
Median list price$279,000
Year-over-year price change-15.6%
Average days on market28 days
Active inventory47 listings
Months of supply1.6 months
Sale-to-list price ratio97.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Troy housing market is currently classified as a seller's market with a median sale price of $190,000. Prices have fallen 15.6% compared to last year, with homes spending an average of 28 days on market, indicating 1.6 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 47 homes listed for sale in Troy, New York. The median listing price is $279K.

Active listings

47

Homes on market

Median list price

$279K

Avg. days on market

28

Days until sale

New this week

31

Newly listed

Price drops:25.5%of listings
Sale-to-list:97.4%

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Frequently asked questions

What is the average home price in Troy?

The median home sale price in Troy is $190,000, down 15.6% from last year.

How long do homes stay on market in Troy?

Homes typically spend 28 days on market before going under contract.

Is Troy a buyer's or seller's market?

With 1.6 months of supply, Troy is currently a seller's market.

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