Troy, AL metro area Housing Market
Cool MarketComprehensive housing market data for the Troy, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$175K
↓ 16.7% YoY
Days on Market
79 days
↓ 8.1% YoY
Active Inventory
14
↓ 51.7% YoY
Homes Sold
5
↑ 66.7% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Troy, AL metro area Market Summary
The Troy, AL metro area housing market is cooling down. As of March 2026, the median home sale price is $175K, down 16.7% year-over-year. Homes are spending a median of 79 days on the market, 8.1% shorter than a year ago.
There are 14 homes for sale — 51.7% fewer than last year. With 2.8 months of supply, this is a seller's market. 9 new listings were added during this period, up 12.5% year-over-year.
Homes are selling for 97.1% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 14.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
65
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 60% below the national median, which could indicate stronger cash flow potential.
Troy, AL metro area Market Trends
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Detailed Market Metrics
Median List Price
$250K
Price per Sq Ft
$158
Sale-to-List Ratio
97.1%
Months of Supply
2.8
Sold Above List
0.0%
Price Drops
14.3%
New Listings
9
↑ 12.5% YoY
Pending Sales
9
Off Market in 2 Weeks
11.1%
Other Markets in Alabama
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$332K · 92d on market
Daphne, AL metro area
$380K · 78d on market
Mobile, AL metro area
$240K · 53d on market
Montgomery, AL metro area
$275K · 67d on market
Tuscaloosa, AL metro area
$278K · 50d on market
Auburn, AL metro area
$342K · 36d on market
Decatur, AL metro area
$253K · 68d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.