The median value of housing in Troy, IN is significantly lower than the US median at $116,000. However, the 1 year appreciation rate for houses in Troy is slightly higher than the US rate at 8.45%, showing that the housing market in Troy is gradually increasing. This could be an attractive option for potential homebuyers looking for a place to settle down without breaking the bank.
The median home cost in Troy is $116,000. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Troy is up 13.8%.
Average Age of Homes
- The median age of Troy real estate is 58 years old
The Rental Market in Troy
- Renters make up 19.0% of the Troy population
- 1.5% of houses and apartments in Troy, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.