A+
15%
Med. Home Val. NAT. AVG.
31%
Rent NAT. AVG.
35%
Owner Occ. NAT. AVG.

New Troy Housing Information

IndexNew TroyMichiganNational
Median home price$276,312$235,809$326,622
Median rent asked$1,001$1,222$1,444
Avg. people per household2.32.52.6
Owner occupied households86.0%70.8%63.6%
Renter occupied households14.0%29.2%36.4%
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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.

Most Affordable Places to Live in and Around New Troy

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Compare New Troy, MI Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Baroda, MI877$0100%
      South Bend, IN104,796$157,30252%
      Galien, MI466$167,45149%
      Hudson Lake, IN1,320$174,31847%
      Fair Plain, MI7,362$196,53240%
      New Troy, MI404$276,31215%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Wausau, FL404$153,69053%
      Underwood, MN404$214,80234%
      Pound, WI404$162,02850%
      Bishop, GA404$498,33553%
      Bell, OK404$342,3835%
      New Troy, MI404$276,31215%
      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.