New Troy, MI Housing Statistics

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15%

Med. Home Val. NAT. AVG.

31%

Rent NAT. AVG.

35%

Owner Occ. NAT. AVG.

New Troy Housing Information

Index	New Troy	Michigan	National
Median home price	$276,312	$235,809	$326,622
Median rent asked	$1,001	$1,222	$1,444
Avg. people per household	2.3	2.5	2.6
Owner occupied households	86.0%	70.8%	63.6%
Renter occupied households	14.0%	29.2%	36.4%

New Troy Housing Market

Monthly market trends

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Housing Quick Facts

The median home price in New Troy is 15% lower than the national average.
The median rent asked in New Troy is 31% lower than the national average.
The average number of people per household in New Troy is 13% lower than the national average.
The number of owner occupied households in New Troy is 35% higher than the national average.
The number of renter occupied households in New Troy is 62% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Baroda, MI	877	$0	100%
South Bend, IN	104,796	$157,302	52%
Galien, MI	466	$167,451	49%
Hudson Lake, IN	1,320	$174,318	47%
Fair Plain, MI	7,362	$196,532	40%
New Troy, MI	404	$276,312	15%

Cities with similar population

	Population	Home Price	National Avg.
Chewey, OK	404	$213,454	35%
South Van Horn, AK	404	$33,682	90%
Enola, AR	404	$223,110	32%
Iron Gate, VA	404	$126,475	61%
Wausau, FL	404	$153,690	53%
New Troy, MI	404	$276,312	15%

Source: The New Troy, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.