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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

$596,223

AVERAGE PRICE OF 109 HOMES

$4,108,333

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$743,544

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$364,335

AVERAGE PRICE OF 5 HOMES WITH A POOL

$747,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $596,223
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $159,900
2 bedrooms $326,993
3 bedrooms $438,518
4 bedrooms $622,185
5 bedrooms $1,248,050
Troy Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 113 127 141 153 160
Average Price $615,251 $602,486 $617,911 $616,166 $634,712
Avg Price Change +2.12% -2.56% +0.28% -3.01% -2.80%
Median Price $465,766 $472,409 $483,071 $494,081 $505,872
Med Price Change -1.43% -2.26% -2.28% -2.39% -3.70%
Avg Bedrooms 2.96 beds 3.02 beds 3.09 beds 3.15 beds 3.27 beds
Avg Bathrooms 2.52 baths 2.58 baths 2.64 baths 2.76 baths 2.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens High School 1 $370,000 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 109 $596,223 73 days
Multi-Million Dollar Homes 3 $4,108,333 157 days
Newly Built Homes 34 $743,544 90 days
Homes with a Pool 5 $364,335 28 days
Reduced Price Homes 2 $747,500 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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