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2025 Compare Cities Housing:
Troy, MI vs Richmond, VA

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Highlights
- The median age of a home in Troy is 40.0% younger than the median age of a home in Richmond.
 Troy, MIRichmond, VAUnited States
 Median Home Age45  Unlock42
 Median Home Cost  Unlock$327,100$338,100
 Home Appr. Last 12 months10.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock57.5%57.0%
 Home Appr. Last 10 yrs.116.4%  Unlock101.1%
 Property Tax Rate  Unlock$9.5$11.0
 Homes Owned71.4%  Unlock57.4%
 Housing Vacant  Unlock10.3%11.2%
 Homes Rented23.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Troy, MIRichmond, VAUnited States
 Average Rent  Unlock$1,680$1,840
 Studio Apartment$1,160  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,670  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,710$1,860
 4 Bedroom Home or Apartment$2,240  Unlock$2,160
 space1
 Vacant Housing
 Troy, MIRichmond, VAUnited States
 Vacant For Rent  Unlock2.9%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other1.9%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Troy, MIRichmond, VAUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.9%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock4.2%4.5%
 $100,000 to $149,9992.4%  Unlock11.3%
 $150,000 to $199,999  Unlock15.1%13.0%
 $200,000 to $299,99927.5%  Unlock20.1%
 $300,000 to $399,999  Unlock16.5%13.6%
 $400,000 to $499,99917.6%  Unlock8.3%
 $500,000 to $749,999  Unlock10.3%9.7%
 $750,000 to $999,9992.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.3%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
 space3
 Housing Units By Year Built
 Troy, MIRichmond, VAUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock5.3%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock5.8%13.6%
 1980 to 198913.3%  Unlock13.2%
 1970 to 1979  Unlock9.9%14.8%
 1960 to 196914.5%  Unlock13.6%
 1950 to 1959  Unlock14.7%10.0%
 1940 to 19491.4%  Unlock4.7%
 1939 or Earlier  Unlock29.6%12.2%
Transportation
Reviews for Troy    9 Reviews
MARVIN · Center Line, MI
fake city
Over 4 years ago

, corruption is like  More

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marvin · Pleasant Ridge, MI
Beware
Over 6 years ago

no one ever visited Troy, that writes this stuff,, Troy has a Black out, of any city corruption, most of the elected city are from the same zip code. and the heavy  More

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Bruce · Troy, MI
Great place to live!!
Over 8 years ago

This is the safest place to live in Michigan. The schools are ranked in the top of both the state and in the US. When our kids graduated 98% of the graduates went on  More

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Reviews for Richmond    109 Reviews
Lucas · Richmond, VA
Great for young families
Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Juli · Richmond, VA
RVA is the place to be
Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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9 to 5 · Richmond, VA
It's cool for what it is
Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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Learn More About Troy, Michigan
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