36034
Troy, Alabama
Troy 36034 needs watching.
The 36034 ZIP code in Troy, Alabama has a median sale price of $70K, down N/A year-over-year. Homes spend an average of 110 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 36034.
The Troy, AL 36034 market shows stagnation with a median sale price of $70,000 holding flat year-over-year through December 2021. Properties average 110 days on market, indicating weak buyer demand and sluggish absorption rates. Zero homes sold above asking price during the measurement period, confirming a market where sellers hold limited pricing power and negotiations consistently favor buyers. These metrics point to oversupply conditions relative to local purchasing activity.
This environment favors cash buyers seeking maximum negotiation leverage and investors with tolerance for longer hold periods before disposition. The 110-day marketing timeline allows buyers to conduct thorough due diligence without competitive pressure, while the absence of above-list sales creates room for below-asking offers. Sellers face challenging conditions and should avoid this market unless pricing aggressively or holding non-time-sensitive positions. Value-add investors can benefit from the extended negotiation window these conditions provide.
The PropIQ score of 27 out of 100 signals significant caution, suggesting underlying structural weakness beyond temporary cyclical softness. This rating indicates potential for further price deterioration or extended stagnation rather than near-term appreciation. Buyers should monitor local employment data and population trends, as the current metrics suggest demand-side constraints that require fundamental economic shifts to reverse. Inventory levels and days-on-market trends will provide early signals of any market stabilization.
What is the median home price in 36034 Troy?
The median sale price in 36034 is $70K, down N/A year-over-year as of 2021-12-31.
How long do homes stay on the market in Troy 36034?
Homes in 36034 Troy spend an average of 110 days on market before going under contract.
Is Troy 36034 a good place to invest in real estate?
Folio's PropIQ™ score for 36034 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 36034?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 36034 Troy, Alabama.