Zip 62294 (Troy, IL) Housing

Troy, IL, 62294 is a great place to live for people looking to get a good deal on housing. The median value of homes in the area is $259,700, which is significantly lower than the US house median value of $338,100. Though the appreciation rate of housing in Troy is slightly higher than the US average at 10.25%, that doesn’t mean that you will make a huge return on your investment. However, if you are just looking for a nice place to live without breaking the bank it could be an excellent option for you.

The median home cost in Troy (zip 62294) is $259,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Troy (zip 62294) is up 12.4%.

Average Age of Homes

- The median age of Troy (zip 62294) real estate is 27 years old

The Rental Market in Troy (zip 62294)

- Renters make up 23.2% of the Troy (zip 62294) population
- 0.0% of houses and apartments in Troy (zip 62294), 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, Illinois	United States
	5,814.0	139,647,020.0
	32	42
	$259,700	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$22.21	$10.98
	$4,743	$2,690
	74.5%	57.4%
	3.4%	11.2%
	22.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.2%	2.4%
	0.7%	2.8%
	1.0%	3.9%
	1.3%	4.5%
	14.1%	11.3%
	23.1%	13.0%
	36.9%	20.1%
	13.0%	13.6%
	3.9%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	20.3%	13.6%
	20.3%	13.6%
	21.4%	13.6%
	20.5%	13.2%
	11.7%	14.8%
	21.4%	13.6%
	6.9%	10.0%
	0.2%	4.7%
	6.9%	12.2%

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