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TROY, VA 22974

Real Estate Market Report  ·  Fluvanna County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The TROY, VA real estate market (22974) currently shows 14 active listings, with 4 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 76 days on market compared to 44 days last year.

The median listing price has fallen 5.1% year-over-year, from $612,400 to $581,150.

Whether you are buying or selling in TROY, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,740  ·  Density: 50.8/mi²  ·  Median household income: $104,570

Typical home value: $306,444  ·  Homeownership: 90.7%

Market Overview

Active Listings
14
⇩ 44% vs 25 last year
Pending
4
29% pending ratio
Median Price
$581,150
⇩ 5.1% vs $612,400 last year
Average Price
$586,769
⇩ 3.5% vs $608,132 last year
Days on Market
76
⇧ 72.7% vs 44 days last year

Price Per Square Foot

Median $/sqft
$238
⇩ 8.1% vs $259/sqft last year
Median Home Size
2,525 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 25 last year
  • Days on market: 76 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $581,150 (-5.1% YoY)
  • Average: $586,769 (-3.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 519 listings ($519,240,384 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22974Troy, VA 229740.0 mi15$8,850,885$574,900$590,059
22963Palmyra, VA 229637.9 mi82$41,293,150$392,423$503,575
22902Charlottesville, VA 2290210.6 mi103$81,647,585$587,450$792,695
22911Charlottesville, VA 2291111.7 mi155$139,790,315$752,450$901,873
23055Fork Union, VA 2305513.6 mi6$3,521,100$327,450$586,850
22923Barboursville, VA 2292315.7 mi70$39,429,040$454,117$563,272
24590Scottsville, VA 2459016.1 mi36$136,592,280$552,400$3,794,230
22972Somerset, VA 2297217.8 mi2$990,000$495,000$495,000
22936Earlysville, VA 2293618.7 mi10$7,536,860$795,750$753,686
22959North Garden, VA 2295920.4 mi5$6,500,835$1,043,750$1,300,167
22937Esmont, VA 2293720.9 mi9$36,028,026$559,925$4,003,114
23123New Canton, VA 2312321.5 mi7$2,897,860$349,900$413,980
23065Gum Spring, VA 2306521.9 mi19$14,162,448$679,990$745,392

Frequently Asked Questions

How many homes are for sale in TROY, VA 22974?

As of March 2026, there are 14 active listings in TROY, VA (zip code 22974), compared to 25 the prior year.

What is the median home price in TROY, VA 22974?

The median listing price in TROY, VA 22974 is $581,150 as of March 2026, a 5.1% decrease from $612,400 the prior year.

How long do homes stay on the market in TROY, VA?

Homes in TROY, VA 22974 spend an average of 76 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in TROY, VA 22974?

Based on current inventory and days-on-market data as of March 2026, TROY, VA 22974 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 44 days last year.

How much can I save on real estate commission in TROY, VA?

With SELL123.com's maximum 3% commission, sellers in TROY, VA 22974 save an estimated $11,623 compared to a typical 5% commission on the median listing price of $581,150. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.