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TROY, TN 38260

Real Estate Market Report  ·  Obion County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇧ 33.3% vs 12 last year
Pending
2
13% pending ratio
Median Price
$220,000
⇧ 27.2% vs $173,000 last year
Average Price
$261,059
⇧ 49.2% vs $175,019 last year
Days on Market
100
⇧ 31.6% vs 76 days last year

Market Context

Population: 3,684  ·  Density: 19.9/mi²  ·  Median household income: $50,560

Typical home value: $110,990  ·  Homeownership: 78.1%

Market Analysis

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

The TROY, TN real estate market (38260) currently shows 16 active listings, with 2 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 76 days last year.

The median listing price has risen 27.2% year-over-year, from $173,000 to $220,000.

Whether you are buying or selling in TROY, TN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 12 last year
  • Days on market: 100 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $220,000 (+27.2% YoY)
  • Average: $261,059 (+49.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.6 miles — 208 listings ($50,756,669 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38260Troy, TN 382600.0 mi16$4,176,944$220,000$261,059
38261Union City, TN 382616.8 mi47$12,872,642$235,000$273,886
38240Obion, TN 3824010.2 mi3$3,317,001$245,000$1,105,667
42050Hickman, KY 4205012.2 mi7$668,640$89,900$95,520
38079Tiptonville, TN 3807914.7 mi6$927,240$164,000$154,540
38257South Fulton, TN 3825719.3 mi8$1,373,944$163,500$171,743
38237Martin, TN 3823721.1 mi41$12,321,074$254,450$300,514
38369Rutherford, TN 3836921.4 mi10$1,963,500$152,450$196,350
42041Fulton, KY 4204122.3 mi23$4,546,985$161,500$197,695
63845East Prairie, MO 6384524.2 mi23$4,228,320$182,500$183,840
42031Clinton, KY 4203125.2 mi15$3,327,660$174,900$221,844
42085Water Valley, KY 4208526.7 mi2$329,800$164,900$164,900
63851Hayti, MO 6385129.6 mi7$702,919$122,500$100,417

Frequently Asked Questions

How many homes are for sale in TROY, TN 38260?

As of January 2026, there are 16 active listings in TROY, TN (zip code 38260), compared to 12 the prior year.

What is the median home price in TROY, TN 38260?

The median listing price in TROY, TN 38260 is $220,000 as of January 2026, a 27.2% increase from $173,000 the prior year.

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

Homes in TROY, TN 38260 spend an average of 100 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in TROY, TN 38260?

Based on current inventory and days-on-market data as of January 2026, TROY, TN 38260 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TROY, TN 38260 save an estimated $4,400 compared to a typical 5% commission on the median listing price of $220,000. 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.