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Is Troy, AL 36079 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Troy is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$166▼ −3.7% vs. last year

The Troy housing market right now

In the three months ending August 31, 2026, 33% of homes in Troy, AL 36079 sold above their list price, the typical home went under contract in 6 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (42 days then) and the median sale price fell 11% to $273,282. Overall, Troy is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Goshen 36035 (0% sold over asking) or Brundidge 36010 (0% sold over asking).

Run the numbers for 36079

Prefilled for 36079Can I win this house?Multiple-offer likelihood for a listing Prefilled for 36079Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Banks 36005 — /sq ftBrundidge 36010Buyer’s market $84 /sq ftGlenwood 36034 — /sq ftGoshen 36035Seller’s market $82 /sq ft Browse all markets →

Towns like Troy nearby

Find towns like Troy in other states →
Newton, AL36352 · 38 miles away86% similarsmaller Enterprise, AL36330 · 31 miles away78% similarpricier homes ($31K more) · larger Hope Hull, AL36043 · 39 miles away76% similarsmaller New Brockton, AL36351 · 27 miles away75% similarsmaller · more single-family homes

Where Troy is

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Questions about Troy real estate

Is Troy a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Troy, AL 36079 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 6 days in the latest three months.

Do homes in Troy sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.

What are property taxes in Troy?

About 0.27% of a home’s value a year in Pike County, or roughly $1,080 on a $400,000 home.

What is the median home price in Troy?

The median sale price was $273,282 in the three months ending August 31, 2026, about $166 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology