62294 Home Values & Market Trends

There are 25 homes currently listed for 62294. 62294 real estate market trends show that home prices range from $134,900 to $795,000, and the median sales price in the 62294 zip code is $268,900.11. The total number of properties sold within the past twelve months is 294. In 62294, 20 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.

62294 Real Estate Market Overview

CityMedian Est. Value
Troy

$ 248,188

$ 138/sqft

Housing Market Summary for 62294

Apr 2023March 2024Change
Median Listing Price$320K$282.5K-11.72%
Median Sold Price$242.5K$282.5K16.49%
Homes For Sale131946.15%
Homes Sold1061081.89%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 62294

The median list price of a home in Troy, is $268,900.11. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 25.00%. The total count of 62294 properties is 5,363.

Foreclosure
There is 1 cities within 62294; within this cities, the median estimated home value for homes in foreclosure ranges from $411,797 in troy to the lowest value of $111,175 in troy. Foreclosure homes account for 0.00% of properties in 62294 with troy containing 20 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in 62294 with troy containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 62294; of that cities, the estimated home value for pre-foreclosure homes ranges from $411,797 in troy to the lowest home value of $130,280 in troy.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 62294 ranges from the highest value of $139,427 in troy to the lowest value of $133,564 in troy. Bank owned homes and properties account for 0.04% of properties in 62294. There is 1 cities within 62294; troy containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    troy has 4 auction properties, the highest number of properties going to auction in a single city in the state of 62294. Auction homes and other auction properties account for 0.07% of all properties in 62294. There is 1 cities within 62294; of that cities, the median estimated home value for homes going to auction ranges from $236,750 in troy to the lowest value of $111,175 in troy.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in 62294 with troy containing 25 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62294; homes for sale in that cities, have a range of median values from $795,000 in troy to the lowest value of $139,427 in troy.
    Sold Homes
    The median value for recently sold homes ranges from $777,648 in troy to the lowest price of $69,111 in troy. There is 1 cities within 62294. troy has 134 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.50% of properties in 62294.

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      Guide for 62294

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?