Zip 36081 (Troy, AL) Housing

The housing market in Troy, AL (36081) is booming. According to the latest data, the median value of homes in this area is $148,800, which is significantly lower than the national median housing value of $338,100. However, the houses in Troy have seen an impressive appreciation rate of 16.13% over the past year, compared to the national average of 8.27%. These figures suggest that Troy real estate is a great investment opportunity due to its high growth potential and relatively low initial cost.

The median home cost in Troy (zip 36081) is $148,800. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Troy (zip 36081) is up 13.3%.

Average Age of Homes

- The median age of Troy (zip 36081) real estate is 31 years old

The Rental Market in Troy (zip 36081)

- Renters make up 40.4% of the Troy (zip 36081) population
- 9.4% of houses and apartments in Troy (zip 36081), 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, Alabama	United States
	7,736.0	139,647,020.0
	37	42
	$148,800	$338,100
	13.3%	16.6%
	37.2%	57.0%
	46.0%	101.1%
	$3.33	$10.98
	$507	$2,690
	32.2%	57.4%
	27.5%	11.2%
	40.2%	31.4%
Vacant Housing
	9.4%	1.9%
	3.1%	0.4%
	0.3%	0.7%
	3.4%	0.4%
	1.7%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	7.1%	2.4%
	6.1%	2.8%
	6.3%	3.9%
	4.7%	4.5%
	16.9%	11.3%
	20.0%	13.0%
	17.0%	20.1%
	4.8%	13.6%
	3.0%	8.3%
	5.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	16.7%	13.6%
	13.7%	13.2%
	17.1%	14.8%
	16.7%	13.6%
	6.0%	10.0%
	5.2%	4.7%
	6.7%	12.2%

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