Troy —
Market Watch
Historic · Affordable · Outdoorsy
$232K
Median Home Price
33
Avg. Days on Market
$168
Price per Sq Ft
-1.5%
Year-over-Year Change
Market Analysis
Troy sits in a sweet spot for value — the community delivers strong schools, a historic downtown, and extensive parkland. Redfin reported a median sale price of $232,000 in its most recent monthly figure, down 1.5% year over year, with about 33 days on market, while ZIP 45373 data showed $263,750 in February 2026 (+2.9%). Months-of-inventory figures were not published in the sources cited for this update. Demand is strongest for updated homes in the $225K–$325K range, particularly those near the downtown core or in newer subdivisions with good school assignments.
Redfin's most recent monthly data put Troy's median sale price at $232,000, down 1.5% year over year, with a median price per square foot near $168 and about 33 days on market; Redfin's ZIP 45373 figure was $263,750 in February 2026 (+2.9% YoY). Resideline reported a median sold price near $310,000 across 343 tracked closings in the prior 6 months. Growth has been steady rather than dramatic — a pattern that mirrors Troy's identity as a stable, community-oriented community.
Typical Home Styles & Price Ranges
Troy's housing mix blends historic character with suburban convenience. Downtown features Victorian-era homes, early 20th-century bungalows, and brick row houses near the courthouse square. Outlying areas include mid-century ranches, 1990s-2000s subdivisions, and newer construction in established neighborhoods. With 1,350 acres of parks and a revitalized downtown, Troy appeals to buyers seeking small-town quality with real community.
Typical price range: $165,000 – $415,000
Key Market Indicators
Buyer Takeaways
What the Troy market means if you're looking to buy:
Seller Takeaways
What the Troy market means if you're looking to sell:
Troy vs. Dayton Metro Average
| Metric | Troy | Dayton Metro Avg. |
|---|---|---|
| Median Price | $232K | $271,500 |
| Days on Market | 33 days | 31 days |
| Price per Sq Ft | $168 | $137 |
| YoY Price Change | -1.5% | +7.8% |
| Months of Inventory | n/a | 2.3 months |
* Metro average data reflects the combined Dayton-Springfield-Kettering MSA, September 2026 (Dayton REALTORS). Individual neighborhood data compiled from county records and MLS activity, with reporting periods noted per metric.
Want to learn more about Troy beyond the numbers? Explore the full Troy neighborhood guide →
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