Zip 38260 (Troy, TN) Housing

The housing market in Troy, TN (38260) is thriving. The median value of homes in the area is $139,000, which is much lower than the US median house value of $338,100. However, over the past year there has been a dramatic appreciation of 18.32%, higher than the national average of 8.27%. This increase in value indicates strong market trends in Troy and suggests that real estate investments could continue to yield good returns in the future.

The median home cost in Troy (zip 38260) is $139,000. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Troy (zip 38260) is up 25.8%.

Average Age of Homes

- The median age of Troy (zip 38260) real estate is 41 years old

The Rental Market in Troy (zip 38260)

- Renters make up 23.5% of the Troy (zip 38260) population
- 1.2% of houses and apartments in Troy (zip 38260), 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

Housing	Troy, Tennessee	United States
	1,778.0	139,647,020.0
	40	42
	$139,000	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$6.07	$10.98
	$660	$2,690
	70.3%	57.4%
	10.0%	11.2%
	19.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	4.7%	2.4%
	10.5%	2.8%
	15.3%	3.9%
	12.2%	4.5%
	25.4%	11.3%
	11.4%	13.0%
	10.9%	20.1%
	4.3%	13.6%
	2.2%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	21.9%	13.6%
	14.7%	13.2%
	18.4%	14.8%
	21.9%	13.6%
	3.2%	10.0%
	6.6%	4.7%
	7.1%	12.2%

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