Pike County Housing Market Improves

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After several years, Pike County’s housing market improves.

Realtors say they are now seeing a normal market in the area. They say Troy University plays a big role in that growth. However they are still in need of homes for families and first-time buyers. Those homes range from 100-150,00 dollars.

Land is also a concern for the area right now. Realtors say they have very low inventory.

“We’ve got buyers that are wanting to look and we just don’t have the property to sell them which is a very unusual situation for us over the last few years. We’ve had a lot of inventory and nobody to buy them and now its just the opposite,” says David Adams of the Pike County Board of Realtors.

Realtors also say there has been an increasing number of people in Pike County looking for commercial spaces to lease.

 

Categories: News, Troy