Troy Township Housing Market Report May 2025•Geauga County, Ohio

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Housing Prices in Troy Township, OH

How much do homes in Troy Township, OH cost?

Housing Market Conditions

Is Troy Township, OH 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 Township is a Seller's Market

Difference Since May 2024

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

Insight

Troy Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$280,487$165/SqFt
+$20,501
+7.9%

Based on all homes sold in the last 12 months

Insight

Homes in Troy Township have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Troy Township was $280,487 in May 2025, up 7.9% from last year, and the median price per square foot was $165.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Troy Township
+7.9%
Burton Township
+4.3%
Middlefield Township
-5.3%
Parkman Township
-26.4%

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.
BedsMay 2024May 2025Change YoY
1$85K$55.1K
-35.1%
2$162.5K$174.9K
+7.6%
3$245K$259K
+5.7%
4$362.5K$382K
+5.4%
5$461.5K$505K
+9.4%

Summary: Troy Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -35.1%. The home price for 2 bedroom homes increased by +7.6%. The home price for 3 bedroom homes increased by +5.7%. The home price for 4 bedroom homes increased by +5.4%. The home price for 5 bedroom homes increased by +9.4%.

How does Troy Township, OH compare with other places?

Market comparison tool

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

Troy Township, OH

Housing supply in Troy Township, OH

How many homes are available in Troy Township, OH?

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
183Last MonthMay 2025
1662 months agoApr 2025
+10.2 %
Change MoMApr – May

Summary: The Troy Township real estate market had 183 homes for sale in May 2025, a 10.2 % increase compared to Apr 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
56Last MonthMay 2025
452 months agoApr 2025
+24.4 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
111
0.0%
21822
+22.2%
390103
+14.4%
44442
-4.5%
51315
+15.4%

Summary: Troy Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +22.2%. The inventory for 3 bedroom homes increased by +14.4%. The inventory for 4 bedroom homes decreased by -4.5%. The inventory for 5 bedroom homes increased by +15.4%.

Asking Price vs. Sold Price

How much do homes in Troy Township, OH 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 Price20 Homes

At Asking Price9 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Troy Township, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Troy Township in May 2025, up by 24.4% month-over-month. Of the 56 sold homes, 48% were sold under asking, 16% were sold at asking, and and 36% were sold over asking.

Days on Market for Troy Township, OH

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

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days19 Homes

Over 90 Days10 Homes

Insight

Avg time on Rocket Homes in Troy Township has remained consistent over time.

Summary: During May 2025, 56 homes were sold in Troy Township; 13% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 18% 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
84 DaysThis YearMay 2025
78 Days1 year agoMay 2024
+7.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in Troy Township had an average listing age of 84 days in May 2025, up by 7.0% compared to the previous year.

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Newest Listings in Troy Township, OH

What homes are available in Troy Township, OH?

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Nearby markets aren't available for Troy Township, OH

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MLS Disclaimers and Copyright

Based on information from Dayton MLS, and Western Regional Information Systems and Technology Inc. for the period 06/01/2023 - 06/01/2025

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it 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 marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing 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. Copyright © 2025 DABR MLS. 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: 6/10/2025, 7:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2025 Western Regional Information Systems and Technology, 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: 6/10/2025, 7:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.