Is Troy, AL 36081 a buyer’s or seller’s market?
Troy is a seller’s market. With about 3.2 months of supply and 22% 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, 22% of homes in Troy, AL 36081 sold above their list price, the typical home went under contract in 39 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 9 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 (63 days then) and the median sale price rose 43% to $207,410. 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), while Troy 36079 (33% sold over asking) is even more competitive.
Run the numbers for 36081
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 →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, AL 36081 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 39 days in the latest three months.
Do homes in Troy sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 94.5% 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 $207,410 in the three months ending August 31, 2026, about $113 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