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Troy

Why you'd want to live in Troy

Troy, Michigan, is a thriving city known for its excellent schools and family-friendly atmosphere. The city boasts a strong economy with numerous job opportunities, particularly in the automotive and technology sectors, making it an attractive place for professionals. Troy offers a variety of shopping and dining options, including the popular Somerset Collection mall, ensuring that residents have access to a wide range of amenities. The city also features numerous parks and recreational facilities, providing ample opportunities for outdoor activities and community engagement. Additionally, Troy's strategic location offers convenient access to Detroit's cultural attractions, entertainment venues, and additional employment opportunities. With its combination of quality education, economic prospects, recreational activities, and accessibility, Troy is an appealing place to call home.

Troy Market Report

$566,418

AVERAGE PRICE OF 217 HOMES

$2,063,170

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$744,871

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$159,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$552,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $566,418
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $159,900
2 bedrooms $400,663
3 bedrooms $437,675
4 bedrooms $597,937
5 bedrooms $1,079,562
Troy Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 117 108 105 113 127
Average Price $575,116 $599,992 $599,548 $615,251 $602,486
Avg Price Change -4.33% +0.07% -2.62% +2.12% -2.56%
Median Price $487,258 $461,474 $451,608 $465,766 $472,409
Med Price Change +5.59% +2.18% -3.14% -1.43% -2.26%
Avg Bedrooms 2.86 beds 2.85 beds 2.91 beds 2.96 beds 3.02 beds
Avg Bathrooms 2.47 baths 2.44 baths 2.47 baths 2.52 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Troy High School 2 $259,950 102 days
Total Homes Average Price Avg Days on Site
All Homes 217 $566,418 50 days
Multi-Million Dollar Homes 10 $2,063,170 71 days
Newly Built Homes 52 $744,871 63 days
Homes with a Pool 1 $159,900 139 days
Reduced Price Homes 2 $552,450 25 days
@properties Christies International
Peter Obee
400 S Old Woodward Avenue
Birmingham, MI 48009
248-866-7293

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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