Photo: Larry D. Moore · CC BY 4.075 homes sold in Troy in the last year, at a typical $250K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Troy homes are listed.
Every place Troy homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Troy.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 85% of Troy’s sales, at a typical $268K
75 homes sold in the year to May 2026.
typical sale · 64 sold in 12 months
- Per square foot
- $153TX $173
- Days to sell
- 126
- Sold over asking
- 11%
- Listings with a price cut
- 30%
Townhouses: 11 sold, typical $188K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at twice the 2016 price
75 sales in the last year, against 85 in 2024 and a low of 23 in 2015. The typical sale went from $130K in 2016 to $250K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Troy
Check a listing against what Troy homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Troy are back to pre-pandemic levels, and more homes are for sale
We read every month of Troy’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 75 sales.
If you’re buying in Troy
- Shop in July. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
- You can negotiate. 30% of listings have cut their price, against 20% before the pandemic.
- Bid near asking. Buyers paid 98.4% of the list price on average; 15% paid over.
- You’ll usually have time. Only 9% of homes go under contract within two weeks; the typical one takes 118 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 8 a month), and the most competition: 24% close over asking. June and July offer nearly as much choice with fewer homes bid up (20%). December has the least competition (10%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Troy now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 15% | 11% | 42% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 9% | 20% | 47% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 20% | 17% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 97.6% | 100.9% | 96.9% |
| Days to sellMedian days from listing to contract | 118 | 53 | 22 | 71 |
39 homes for sale on a typical day
That’s 9.1 times the 2018 low (4) and 347% more than in 2017–19.
1 in 3 listings has cut its price
30% in the last year, against 20% in 2017–19 and 30% across Texas. More sellers are pricing high and coming down.
Troy ranks 125th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Troy is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Troy home costs about $1,606 a month
Price: Troy’s typical sale, last 12 months. Property tax at Troy’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Troy is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $250K home, about $3,620 a year.
Taxes vs. neighborsSchools
The schools grade for Troy, from test results, graduation and how much students grow.
Schools in TroyCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Little River-Academy sells for less a square foot; Morgan's Point Resort for far more
The busier markets within 25 miles of Troy, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Temple | 1,445 | $268K | $156 | 14% | 91 |
| Belton | 284 | $300K | $165 | 14% | 104 |
| McGregor | 76 | $215K | $156 | 24% | 112 |
| Troy | 75 | $250K | $155 | 15% | 118 |
| Morgan's Point Resort | 48 | $301K | $197 | 19% | 85 |
| Lorena | 38 | $376K | $172 | 8% | 78 |
| Little River-Academy | 20 | $182K | $127 | 35% | 82 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Troy, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Troy. People who follow the town see it, and so do people comparing Troy with their own town. No commission, no listing fee.
Questions about buying a home in Troy
What do homes sell for in Troy, TX?
75 homes sold in the year to May 2026 at a typical $250K, $155 a square foot.
Is Troy a buyer’s or seller’s market?
A balanced market: 23 homes were for sale in May 2026 and 5 sold, about 4.6 months of supply. Buyers paid 98.4% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Troy?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Troy?
About 1.5% of a home’s value a year. On a $250K home that’s near $3,620.
Where can I see homes for sale in Troy?
Zillow, Redfin, Realtor.com and Homes.com all carry Troy’s MLS listings; the search links above open each one filtered to Troy.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).