Is Troy, VA 22974 a buyer’s or seller’s market?

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

Troy is a seller’s market. With about 2.9 months of supply and 20% 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.

Competition score67/ 100

More competitive than 71% of U.S. ZIP codes, and #159 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown

Months of supply2.9Under 4 months = seller’s market

Sold above original list20%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market8Listing to accepted offer

Median price per sq ft$271▲ +7.4% vs. last year

Run the numbers for 22974

Prefilled for 22974Can I win this house?Multiple-offer likelihood for a listing Prefilled for 22974Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bremo Bluff 23022Seller’s market $276 /sq ft Fork Union 23055Seller’s market $230 /sq ft Kents Store 23084Balanced $282 /sq ft Palmyra 22963Seller’s market $203 /sq ft Browse all markets →

More tools for 22974

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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