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.

Troy - Town vs. County Stats

Avg Price in Troy: $562,000 / County Avg $642,300

87%

Avg Taxes in Troy: $5,600 / County Avg $6,800

83%

Avg Sq. Ft. in Troy: 2,503 / County Avg 2,646

95%

Avg Price per/sqft in Troy:$225 / County Avg $243

92%

Avg Walkscore in Troy: 64 / County Avg 32

198%

Avg Year Built in Troy: 1987 / County Avg 1977

101%

Avg Days on Website in Troy: 54 / County Avg 66

82%

Troy Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales