Is Troy, NY 12182 a buyer’s or seller’s market?

The Troy housing market right now

In the three months ending August 31, 2026, 67% of homes in Troy, NY 12182 sold above their list price, the typical home went under contract in 11 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 44 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 39%, homes sold more slowly (9 days then) and the median sale price rose 3% to $254,790. Overall, Troy is more competitive than a year ago, so tougher for buyers.

Within Rensselaer County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Troy ranks #110 of 649 NY ZIP codes with enough sales (score 94 out of 100).

Nearby, buyers who want less competition could look at Stephentown 12169 (0% sold over asking) or East Schodack 12063 (0% sold over asking), while Sand Lake 12153 (100% sold over asking) and Valley Falls 12185 (100% sold over asking) are even more competitive.