Is Troy Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Troy Township has remained a Seller's Market.
Housing Prices in Troy Township, NC
How much do homes in Troy Township, NC cost?
Median Sold Price
$210,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Troy Township was $210,000 in May 2024, up 9.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $67K | -50.4% |
2 Bedrooms | $137.3K | $130K | -5.3% |
3 Bedrooms | $182K | $225K | +23.6% |
4 Bedrooms | $357.5K | $310K | -13.3% |
5+ Bedrooms | $900K | $410K | -54.4% |
Summary: Troy Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.4%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 23.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 54.4%.
Median Sold Price Compared To Nearby Cities
Troy Township | $192.5K | $210K | +9.1% |
Troy | $192.5K | $210K | +9.1% |
Uwharrie Township | $321K | $334.6K | +4.3% |
Biscoe Township | $187.5K | $185K | -1.3% |
Housing Supply in Troy Township, NC
How many homes are available in Troy Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The Troy Township real estate market had 23 homes for sale in May 2024, a 4.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Troy Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Troy Township in May 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Troy Township, NC
How long does it take to sell a home in Troy Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 57 Days | +365.6% |
Summary: Homes in Troy Township had an average of 57 days on market in May 2024, up by 365.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Troy Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.