Troy Housing Market Report March 2025•Pike County, Alabama

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Housing Prices in Troy, AL

How much do homes in Troy, AL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$280,900$145/SqFt
+$7,802
+2.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Troy has increased by 2.9% since last year.

Summary: The median home list price in Troy was $280,900 in March 2025, up 2.9% from the previous year, and the median price per square foot was $145.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$185K$29.9K
-83.8%
3$190K$247.5K
+30.3%
4$311.9K$348.5K
+11.7%
5$574.9K$398K
-30.8%

Summary: Troy housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -83.8%. The home price for 3 bedroom homes increased by +30.3%. The home price for 4 bedroom homes increased by +11.7%. The home price for 5 bedroom homes decreased by -30.8%.

How does Troy, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Troy, AL

Housing supply in Troy, AL

How many homes are available in Troy, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
16Last MonthMar 2025
142 months agoFeb 2025
+14.3 %
Change MoMFeb – Mar

Summary: The Troy real estate market had 16 homes for sale in Mar 2025, a 14.3 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
211
0.0%
388
0.0%
435
+66.7%
522
0.0%

Summary: Troy housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Troy, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Troy, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Troy in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Troy, AL

How long does it take to sell a home in Troy, AL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Troy are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 1 homes were sold in Troy; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
79 DaysThis YearMar 2025
169 Days1 year agoMar 2024
-52.8 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Troy had an average listing age of 79 days in Mar 2025, down by 52.8% compared to the previous year.

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Newest Listings in Troy, AL

What homes are available in Troy, AL?

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Nearby markets

Nearby markets aren't available for Troy, AL

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MLS Disclaimers and Copyright

Based on information from Montgomery Area Association of Realtors MLS, and Dothan Multiple Listing Service Inc. for the period 04/01/2023 - 04/01/2025

IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information on this website is provided exclusively for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information on this website cannot be "scraped" or used without written permission from the Dothan Multiple Listing Service, Inc.®. The data relating to real estate for sale on this website comes in part from the (IDX) Internet Data Exchange Program of the Dothan Multiple Listing Service, Inc.®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Real estate listings held by brokerage firms other than the owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 2:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.