A+
72%
Med. Home Val. NAT. AVG.
31%
Rent NAT. AVG.
17%
Owner Occ. NAT. AVG.
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Troy Housing Information

IndexTroyMichiganNational
Median home price$318,600$127,800$184,700
Median rent asked$1,239$799$949
Avg. people per household2.52.52.6
Owner occupied households74.5%70.8%63.6%
Renter occupied households25.5%29.2%36.4%
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Housing Quick Facts

  • The median home price in Troy is 72% higher than the national average.
  • The median rent asked in Troy is 31% higher than the national average.
  • The average number of people per household in Troy is 5% lower than the national average.
  • The number of owner occupied households in Troy is 17% higher than the national average.
  • The number of renter occupied households in Troy is 30% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Highland Park, MI10,818$50,20073%
      Hamtramck, MI21,704$72,60061%
      Pontiac, MI59,714$73,80060%
      Eastpointe, MI32,221$83,80055%
      Hazel Park, MI16,452$86,10053%
      Troy, MI84,051$318,60072%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Merced, CA84,081$251,50036%
      Mission, TX83,796$125,60032%
      Santa Fe, NM84,418$290,80057%
      Alhambra, CA84,509$630,200241%
      Redwood City, CA84,518$1,424,200671%
      Troy, MI84,051$318,60072%
      Source: The Troy, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).