Is Troy, SC 29848 a buyer’s or seller’s market?
Troy is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Troy housing market right now
In the three months ending August 31, 2026, 0% of homes in Troy, SC 29848 sold above their list price, the typical home went under contract in 55 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Run the numbers for 29848
Nearby markets
Mc Cormick 29835Balanced $196 /sq ftPlum Branch 29845Buyer’s market $236 /sq ft Browse all markets →Where Troy is
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Questions about Troy real estate
Is Troy a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Troy, SC 29848 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Troy?
The typical home went under contract in 55 days in the latest three months.
Do homes in Troy sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Troy?
About 0.56% of a home’s value a year in McCormick County, or roughly $2,240 on a $400,000 home.
What is the median home price in Troy?
The median sale price was $364,342 in the three months ending August 31, 2026, about $182 per square foot.
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More tools for 29848
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology