Troy Housing Market Report April 2025•Lincoln County, Montana

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Housing Prices in Troy, MT

How much do homes in Troy, MT cost?

Housing Market Conditions

Is Troy, MT a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Troy is a Buyer's Market

Difference Since April 2024

Since last year, Troy has remained a Buyer's Market.

Insight

Troy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$435,000$292/SqFt
+$110,500
+34.1%

Based on all homes sold in the last 12 months

Insight

Homes in Troy have sold for 34.1% more than they did a year ago.

Summary: The median home sold price in Troy was $435,000 in April 2025, up 34.1% from last year, and the median price per square foot was $292.

Median Sold Price By Bedrooms

Median Sold 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.
BedsApr 2024Apr 2025Change YoY
1$304.5K$250K
-17.9%
2$256.5K$364.2K
+42.0%
3$410K$460K
+12.2%
4$125K$1.2M
+900.0%
5$329K$2.7M
+735.9%

Summary: Troy housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -17.9%. The home price for 2 bedroom homes increased by +42.0%. The home price for 3 bedroom homes increased by +12.2%. The home price for 4 bedroom homes increased by +900.0%. The home price for 5 bedroom homes increased by +735.9%.

How does Troy, MT compare with other places?

Market comparison tool

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

Troy, MT

Housing supply in Troy, MT

How many homes are available in Troy, MT?

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
54Last MonthApr 2025
472 months agoMar 2025
+14.9 %
Change MoMMar – Apr

Summary: The Troy real estate market had 54 homes for sale in Apr 2025, a 14.9 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
42 months agoMar 2025
+25.0 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
179
+28.6%
2810
+25.0%
32427
+12.5%
433
0.0%
555
0.0%

Summary: Troy housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +28.6%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Troy, MT 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 Price4 Homes

Insight

If you're buying a home in Troy, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Troy in April 2025, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.

Days on Market for Troy, MT

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days5 Homes

Insight

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

Summary: During April 2025, 5 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 Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
219 DaysThis YearApr 2025
226 Days1 year agoApr 2024
-3.1 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Troy had an average listing age of 219 days in Apr 2025, down by 3.1% compared to the previous year.

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Newest Listings in Troy, MT

What homes are available in Troy, MT?

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Nearby markets

Nearby markets aren't available for Troy, MT

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MLS Disclaimers and Copyright

Based on information from Montana Regional MLS, Coeur d'Alene MLS, and Teton MLS for the period 05/01/2023 - 05/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 12:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Copyright © 2025 Coeur d’Alene Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 12:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2025 MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 12:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.