A+
34%
Med. Home Val. NAT. AVG.
13%
Rent NAT. AVG.
15%
Owner Occ. NAT. AVG.
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Troy Housing Information

IndexTroyMichiganNational
Median home price$247,200$127,800$184,700
Median rent asked$1,069$799$949
Avg. people per household2.52.52.6
Owner occupied households72.9%70.8%63.6%
Renter occupied households27.1%29.2%36.4%

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Housing Quick Facts

  • The median home price in Troy is 34% higher than the national average.
  • The median rent asked in Troy is 13% higher than the national average.
  • The average number of people per household in Troy is 4% lower than the national average.
  • The number of owner occupied households in Troy is 15% higher than the national average.
  • The number of renter occupied households in Troy is 25% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Highland Park, MI10,978$32,60082%
      Hamtramck, MI21,985$47,30074%
      Hazel Park, MI16,587$51,20072%
      Pontiac, MI59,920$53,70071%
      Eastpointe, MI32,648$59,70068%
      Troy, MI82,982$247,20034%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Johns Creek, GA82,930$348,60089%
      Santa Fe, NM82,927$259,70041%
      Bloomington, IN83,093$172,1007%
      Buena Park, CA82,771$448,900143%
      Hemet, CA82,748$139,40025%
      Troy, MI82,982$247,20034%