Zip 04987 (Troy, ME) Housing

In 04987 Troy, ME the median value of housing is $203,400 which is substantially lower than the US median house value of $338,100. Despite the lower median value, the housing in Troy has seen a much higher appreciation rate over the past year at 16.46%, compared to 8.27% for houses nationwide. This indicates that investing in housing in Troy could be a wise decision and shows a healthy market with good prospects for future growth.

The median home cost in Troy (zip 04987) is $203,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Troy (zip 04987) is up 20.6%.

Average Age of Homes

- The median age of Troy (zip 04987) real estate is 30 years old

The Rental Market in Troy (zip 04987)

- Renters make up 17.2% of the Troy (zip 04987) population
- 0.0% of houses and apartments in Troy (zip 04987), 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, Maine	United States
	494.0	139,647,020.0
	33	42
	$203,400	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$12.99	$10.98
	$1,651	$2,690
	74.1%	57.4%
	18.2%	11.2%
	7.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.6%	0.7%
	0.0%	0.4%
	10.7%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	7.7%	2.4%
	2.2%	2.8%
	5.7%	3.9%
	6.3%	4.5%
	27.9%	11.3%
	30.6%	13.0%
	13.1%	20.1%
	2.7%	13.6%
	0.8%	8.3%
	2.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	22.7%	13.6%
	25.3%	13.2%
	12.6%	14.8%
	22.7%	13.6%
	4.9%	10.0%
	0.6%	4.7%
	10.1%	12.2%

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