Why Live in Troy
Troy, Alabama, is a small city with a population of over 17,000, known for its cultural vibrancy and educational institutions. Troy University, a top-ranking public university, is a central feature, offering nearly 200 undergraduate and graduate programs and hosting events like the Pike Peddlers Storytelling Festival. The city's historic downtown, referred to as "The Square," is the hub for community activities, including parades, antique car shows, and the annual TroyFest art festival. Housing in Troy includes older homes from the mid-to-late 20th century and new subdivisions by builders like Stone Martin and DR Horton. The local school district, Troy City Schools, offers dual enrollment classes at Troy University for high school students. Residents have access to seven parks, including Murphree Park and Pike County Lake, providing opportunities for fishing, boating, and hiking. The Rec Center at Troy University is popular for its athletic facilities. Dining and shopping are concentrated around Highway 231 and South Brundidge Street, with local restaurants, coffee shops, and boutiques in the city center. Transportation options include the Pike Area Transit System, Greyhound, and Megabus, with Interstate 85 nearby. The closest airport is Montgomery Regional Airport, 50 miles away. Troy experiences short, cold winters and long, hot summers, with occasional snow. Recent years have seen a slight increase in reported crimes, according to local databases.
Home Trends in Troy, AL
On average, homes in Troy, AL sell after 88 days on the market compared to the national average of 70 days. The median sale price for homes in Troy, AL over the last 12 months is $268,900, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$268,900
Median Single Family Sale Price
$328,000
Median 2 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$154
Number of Homes for Sale
13
Last 12 months Home Sales
60
Median List Price
$328,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%