Market Intelligence Report — AL-980

Troy, AL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AL-09
As of the latest 2026 data
Very Weak

Median Listing

$264K
+4.9% YoY

Pending Ratio

0.13
+3.8% YoY

Active Inventory

119
+0.4% YoY

Median DOM

79 Days
+13.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Troy market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Troy, AL.

Free ReportNo Sign-up~60 Seconds

The Troy, AL market currently exhibits very weak conditions, primarily driven by a pending ratio of 0.13, indicating demand absorption severely lagging supply. The median listing price stands at $263,900, reflecting a month-over-month decline of 1.9%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Troy market right now.

The market is characterized by a low pending ratio of 0.13, despite a year-over-year increase of 3.8% from an even lower base. Active listings have seen a marginal year-over-year increase of 0.4%, while new listings rose 6.7% over the past year. Median days on market extended to 79, representing a 13.3% increase year-over-year, suggesting slower absorption.

Historical Analysis

Market Trends

Median Price

$264K-1.9% MoM

Active Inventory

119+0.4% YoY

Days on Market

79+13.3% YoY

Sold Score™

27+3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors buyers due to the extended median days on market and a pending ratio of 0.13, which indicates low absorption pressure. Inventory is not particularly constrained given the limited demand, requiring greater price discipline from sellers to facilitate transactions.

Luxury Segment

The average listing price of $350,308 is significantly higher than the median listing price of $263,900, suggesting a disparity in performance within the higher price tiers. This spread indicates that the upper end of the market may be experiencing weaker demand or slower price growth compared to the overall market dynamics.

Supply Dynamics

119 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
10.3%

of active listings carry a price reduction, -3.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.1% year-over-year.

Absorption
0.13

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Troy, AL? Homes here are taking 9 days longer to sell than last year.

Buyers have leverage in Troy, AL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
13%
Median Days on Market
79 days
Inventory YoY
+0%

In a buyer's market, strategy beats timing. See how your home scores in Troy, AL and what moves the number.

See my Sold Score & selling strategy →

Prefer the data first? Get the monthly Troy, AL briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Troy, AL yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Troy market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Troy, AL
CBSA Code
45980
State
AL
Analysis FAQ
  • What is the current market condition in Troy?+

    As of the latest 2026 data, the Troy metro is classified as Very Weak. Pending ratio is 0.13 with median days on market at 79.

  • Are home prices dropping in Troy?+

    Median listing price is $264K, +4.9% year over year. 10.3% of active listings carry a price reduction.

  • How fast are homes selling in Troy?+

    The typical listing sits 79 days on market, a +13.3% change YoY. New listings are arriving at 32 per month.

  • What's happening in the Troy luxury market?+

    The average listing price of $350,308 is significantly higher than the median listing price of $263,900, suggesting a disparity in performance within the higher price tiers. This spread indicates that the upper end of the market may be experiencing weaker demand or slower price growth compared to the overall market dynamics.

  • Where can I find a trusted Troy real estate expert?+

    Primpted maintains a vetted registry of Troy agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 45980 · 36mo history