Is Troy, KS 66087 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 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$133▲ +339.1% vs. last year

The Troy housing market right now

In the three months ending August 31, 2026, 0% of homes in Troy, KS 66087 sold above their list price, the typical home went under contract in 33 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (104 days then) and the median sale price rose 164% to $189,918. Overall, Troy is more competitive than a year ago, so tougher for buyers.

Within Doniphan County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Denton 66017 $77 /sq ftElwood 66024 $152 /sq ftHighland 66035Buyer’s market $131 /sq ftWathena 66090Buyer’s market $152 /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 buyer’s market: there were 19.2 months of supply in Troy, KS 66087 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 33 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 100.0% of the list price.

What are property taxes in Troy?

About 1.07% of a home’s value a year in Doniphan County, or roughly $4,280 on a $400,000 home.

What is the median home price in Troy?

The median sale price was $189,918 in the three months ending August 31, 2026, about $133 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