The typical home value in
Troy Hills
is projected to be
$710,000
for the month of
February.
January’s
finalized data reported the typical value of a home in the
city
to be
$730,000—up
0.34%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$685,000
in
Morris County
for the most recent reporting period.
That number is expected to float around
$692,500
in
February.
Troy Hills
had
3
new listings and
4
listings that went under contract in
January,
decreasing
the area’s total available inventory to
4—down
20.0%
from the previous month. Inventory is projected to have further
decreased
in
February.
The median listing price for homes in
Troy Hills
fell
2.09%
from
December
to
January,
bringing the current median listing price to
$749,000.
Based on projected data for
February,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
January 2026,
the median time for a listed property to go pending was
68
days, compared to
92
days in
January 2025.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
February.
