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Troy, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
6
Median Price
$126K
Market Condition
Seller's Market

Troy, Ohio Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$126K
Avg Price/Acre
$64K
Avg Days on Market
13
Months of Supply
3.0
YoY Price Change
+2.8%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1244
1-2 acres----
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres--11
50-100 acres----
100+ acres----
TOTAL1256
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres4 sold / 1 listed
1-2 acres0 sold / 1 listed
2-5 acres1 sold / 0 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$173K$345K
0- 1
2- 5
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.1M
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
13
Time to sell
Price Trend (YoY)
+2.8%
Year over year

Troy, Ohio Land Market Analysis

How much is land worth in Troy, Ohio?

The median price for land in Troy, Ohio is currently $64K per acre. For a typical parcel, the median sale price is $126K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $56K while premium lots reached $353K.

Is now a good time to buy land in Troy, Ohio?

Troy, Ohio is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 2.8% year-over-year.

What is the months of supply for land in Troy, Ohio?

Troy, Ohio currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

How long does it take to sell land in Troy, Ohio?

Land in Troy, Ohio typically sells within 13 days of listing. The median time on market is 11 days. Properties are moving quickly in the current seller's market.

What is the median land price in Troy, Ohio?

The median land price in Troy, Ohio stands at $126K. This translates to roughly $64K per acre for the typical parcel size. The average price is $178K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Troy, Ohio?

Land in Troy, Ohio averages $292K per acre. The median price per acre is $64K, which may be more representative of typical transactions. Most parcels sold are around 36,743 sq ft.

Is now a good time to invest in land in Troy, Ohio?

The current absorption rate in Troy, Ohio is 33.3% (3-month basis), indicating strong demand. With appreciating values (+2.8% YoY), the market shows growth potential. The top-performing broker in this market is Garden Gate Realty Inc..

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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