Troy, MI Housing


9 Reviews



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United States / Michigan / Detroit-Warren-Dearborn Metro Area / Oakland County / Troy / Zip Codes
The housing market in Troy, MI is doing well compared to the national average. The median value of a house in the city is $376,800 which is significantly higher than the across the US median of $338,100. Additionally, over the past year Troy has seen a 7.58% increase in house appreciation compared to the US average of 8.27%. All this shows that Troy is a highly desirable place to live and continues to be an attractive option for those looking to buy a home.

The median home cost in Troy is $376,800. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Troy is up 10.8%.

Average Age of Homes
- The median age of Troy real estate is 41 years old
The Rental Market in Troy
- Renters make up 25.0% 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingTroy, MichiganUnited States
  34,448.0139,647,020.0
  4542
  $376,800$338,100
  10.8%16.6%
  47.2%57.0%
  116.4%101.1%
  $13.94$10.98
  $4,670$2,690
  71.4%57.4%
  4.9%11.2%
  23.7%31.4%
  Vacant Housing
  1.5%1.9%
  0.5%0.4%
  0.5%0.7%
  0.2%0.4%
  0.3%3.6%
  1.9%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.6%2.4%
  0.4%2.8%
  0.2%3.9%
  0.6%4.5%
  2.4%11.3%
  7.8%13.0%
  27.5%20.1%
  27.3%13.6%
  17.6%8.3%
  11.8%9.7%
  2.3%3.9%
  0.4%2.2%
  0.1%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  6.3%13.6%
  6.3%13.6%
  14.5%13.6%
  13.3%13.2%
  33.9%14.8%
  14.5%13.6%
  7.6%10.0%
  1.4%4.7%
  2.6%12.2%
Reviews for Troy
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MARVIN · Center Line, MI
fake city
Over 3 years ago

, corruption is like  More

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marvin · Pleasant Ridge, MI
Beware
Over 5 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 7 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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