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Troy

Why you'd want to live in Troy

Troy, Michigan is located at the heart of Metropolitan Detroit's northern suburbs. The City’s estimated 2019 population is 85,755, making it the largest city in Oakland County. Troy is a leading business and shopping destination with premier office centers and the upscale Somerset Collection. Troy is home to a wide range of businesses - from small family run operations to Fortune 500 companies. Our vibrant and diverse international community is home to strong neighborhoods, top ranked schools, low property tax rates, and outstanding city services.

Troy Market Report

$538,411

AVERAGE PRICE OF 179 HOMES

$1,417,970

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$780,757

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$449,635

AVERAGE PRICE OF 20 HOMES WITH A POOL

$379,010

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $538,411
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

2 bedrooms $422,869
3 bedrooms $363,850
4 bedrooms $607,465
5 bedrooms $781,892
Troy Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 211 223 236 273 275
Average Price $533,491 $532,761 $532,700 $517,499 $522,415
Avg Price Change +0.14% +0.01% +2.94% -0.95% n/a
Median Price $460,581 $455,460 $451,525 $439,808 $447,260
Med Price Change +1.12% +0.87% +2.66% -1.69% n/a
Avg Bedrooms 3.57 beds 3.59 beds 3.62 beds 3.56 beds 3.54 beds
Avg Bathrooms 2.41 baths 2.45 baths 2.41 baths 2.34 baths 2.36 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 179 $538,411 99 days
Multi-Million Dollar Homes 10 $1,417,970 294 days
Newly Built Homes 55 $780,757 165 days
Homes with a Pool 20 $449,635 81 days
Reduced Price Homes 7 $379,010 38 days
Maxim Properties LLC | The Hall Team
Morris Hall REALTOR®
30665 Northwestern Hwy #110
Farmington Hills, MI 48334
888-317-1671

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