Troy Real Estate
Troy, Michigan is one of Oakland County’s largest and most economically active communities, known for its top-rated schools, strong employment base, and diverse housing options. Located just north of Royal Oak and Birmingham, Troy offers convenient access to major highways, corporate headquarters, and regional business centers.
The housing market in Troy includes a wide range of options, from well-maintained single-family homes and modern subdivisions to luxury properties and a strong selection of condominiums and townhomes. This variety makes Troy appealing to first-time buyers, growing families, and corporate relocations alike.
Buyers are drawn to Troy for its award-winning school system, job accessibility, and long-term stability. The city is home to numerous major employers in engineering, automotive, finance, and technology, making it one of the strongest employment hubs in Southeast Michigan.
Neighborhoods in Troy are known for their cleanliness, planning, and consistency, with many subdivisions offering parks, sidewalks, and community amenities. This structured suburban environment continues to support strong demand and stable property values across price ranges.
Whether buying or selling in Troy, success depends on understanding subdivision-level pricing, school district influence, and current market timing. Proper positioning is essential in a market with both high volume and strong competition.
If you are considering a move to Troy or evaluating your home’s value, a detailed market analysis can help you understand current conditions and make confident, informed decisions.
The housing market in Troy includes a wide range of options, from well-maintained single-family homes and modern subdivisions to luxury properties and a strong selection of condominiums and townhomes. This variety makes Troy appealing to first-time buyers, growing families, and corporate relocations alike.
Buyers are drawn to Troy for its award-winning school system, job accessibility, and long-term stability. The city is home to numerous major employers in engineering, automotive, finance, and technology, making it one of the strongest employment hubs in Southeast Michigan.
Neighborhoods in Troy are known for their cleanliness, planning, and consistency, with many subdivisions offering parks, sidewalks, and community amenities. This structured suburban environment continues to support strong demand and stable property values across price ranges.
Whether buying or selling in Troy, success depends on understanding subdivision-level pricing, school district influence, and current market timing. Proper positioning is essential in a market with both high volume and strong competition.
If you are considering a move to Troy or evaluating your home’s value, a detailed market analysis can help you understand current conditions and make confident, informed decisions.
Most Popular
3929 Capstan Ct
$1,200,000
Most Expensive
3243 Alpine
$2,979,000
Least Expensive
1716 MILVERTON Drive
$214990
Troy Listings Summary
Troy - Town vs. County Stats
Avg Price in Troy: $560,000 / County Avg $642,700
87%
Avg Taxes in Troy: $5,600 / County Avg $6,900
81%
Avg Sq. Ft. in Troy: 2,317 / County Avg 2,385
97%
Avg Price per/sqft in Troy:$242 / County Avg $269
90%
Avg Walkscore in Troy: 64 / County Avg 34
191%
Avg Year Built in Troy: 1988 / County Avg 1977
101%
Avg Days on Website in Troy: 55 / County Avg 66
83%
Troy Real Estate Market Health
New Listings
Reductions
Foreclosures
Short Sales
IDX provided courtesy of Realcomp II Ltd., via REMAX Showcase Homes and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
