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Featured local agent — Troy, TX
Sarah Mitchell
Compass Real Estate · Troy, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Troy, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$295,000median sale price
How is the Troy, TX housing market right now?
The median home sale price in Troy, TX is $295,000, up 25.3% year-over-year. Homes sell in an average of 114 days with 23 active listings. The market is currently a buyer'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, TX is currently a buyer's market, based on 4.6 months of supply and homes selling in about 114 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
114
Average pace
Active listings
23
4.6 months supply
Sale-to-list
95.2%
Below asking
What does the Troy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median list price | $242,500 |
| Year-over-year price change | +25.3% |
| Average days on market | 114 days |
| Active inventory | 23 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 95.2% |
| Median price per sq ft | $167/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 4 |
| Listings with a price cut | 47.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Troy by property type?
How the Troy, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $416,975 | $195/sq ft | 3 | 339 days |
| Townhouse | $174,495 | $149/sq ft | 2 | 30 days |
Source: Redfin · Updated monthly
The Troy housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have risen 25.3% compared to last year, with homes spending an average of 114 days on market, indicating 4.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Troy
There are currently 23 homes listed for sale in Troy, Texas. The median listing price is $242K.
Active listings
23
Homes on market
Median list price
$242K
Avg. days on market
114
Days until sale
New this week
4
Newly listed
Who lives in Troy?
Population
2,628
Median income
$81,193/yr
Median age
32.5 years
Owner-occupied
66.9%
College grads
24.3%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Troy?
Zillow home value
$261,111
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Troy?
Troy is a community of approximately 3K residents with a median age of 32.5 years.The median household income is $81,193, which reflects a relatively affluent area with strong earning potential. 24.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Troy offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Troy?
4 schools tracked · 1,706 students
The largest public schools serving Troy, TX 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 H S
Grades 9-12 · 497 students
EDNA BIGHAM MAYS EL
Grades PK-2 · 433 students
RAYMOND MAYS MIDDLE
Grades 6-8 · 404 students
TROY EL
Grades 3-5 · 372 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, TX?
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 $295,000, up 25.3% from last year.
How long do homes stay on market in Troy?
Homes typically spend 114 days on market before going under contract.
What is the median income in Troy?
The median household income is $81,193 per year.
Is Troy a buyer's or seller's market?
With 4.6 months of supply, Troy is currently a buyer's market.
What is the Zillow home value estimate for Troy?
The Zillow Home Value Index (ZHVI) for Troy is $261,111, representing the typical home value in the area.
How much does a single-family home cost in Troy?
The median single-family home price in Troy, TX is $416,975 (about $195 per square foot).
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