Troy, OH is a great place to live, offering great housing options and appreciation. The median value for homes in Troy is $220,500, which is more affordable than the US House median value of $338,100. Further, the 1 year house appreciation rate in Troy is higher than the US average at 11.90%, compared to 8.27% nationwide. This makes now an ideal time for purchasing a home in Troy and taking advantage of the growing rental market.
The median home cost in Troy is $220,500. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Troy is up 13.0%.
Average Age of Homes
- The median age of Troy real estate is 47 years old
The Rental Market in Troy
- Renters make up 36.1% of the Troy population
- 3.1% 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.