Housing in Troy, IL is quite valuable with a median home value of $253,700. This is significantly lower than the US median home value of $338,100. However, the 1 year appreciation rate for homes in Troy, IL is higher than the national average at 10.24% compared to 8.27%. This shows that housing in Troy is continuing to be a good investment for potential buyers and should continue to increase in value over time.
The median home cost in Troy is $253,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Troy is up 12.4%.
Average Age of Homes
- The median age of Troy real estate is 28 years old
The Rental Market in Troy
- Renters make up 31.1% of the Troy population
- 0.0% 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.