New listing
31
$165,000
1840 Axtell Dr Apt 7
Troy, MI 48084
1 bd1 ba868 sqft
Condo
Sold 2010 for $35K
Summit Realty Solutions
More about this property
Troy, MI Housing Market & Real Estate
Seller's market-7.7% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Troy, MI is $404,500, down 7.7% year-over-year. Homes sell in an average of 19 days with 111 active listings. The market is currently a seller's market.
$404,500median sale price
Is Troy a buyer's or seller's market?
Seller's market2.8 months of supply19 avg. days on market
Troy, MI is currently a seller's market, based on 2.8 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
40
Last 12 weeks
Days on market
19
Fast-moving
Active listings
111
2.8 months supply
Sale-to-list
99.8%
Below asking
Troy, MI market data
| Metric | Value |
|---|---|
| Median sale price | $404,500 |
| Median list price | $399,000 |
| Year-over-year price change | -7.7% |
| Average days on market | 19 days |
| Active inventory | 111 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 99.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Troy housing market is currently classified as a seller's market with a median sale price of $404,500. Prices have fallen 7.7% compared to last year, with homes spending an average of 19 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Troy
There are currently 111 homes listed for sale in Troy, Michigan. The median listing price is $399K. Featured listings range from $165,000 to $645,000.
New listing
35
$294,900
1152 Faulkner
Troy, MI 48083
2 bd2 ba1,179 sqft
Condo
Est. $283KSold 2005 for $188K
Community Choice Realty Associates, LLC
More about this property
New listing
65
$315,000
2386 Milverton Dr
Troy, MI 48083
3 bd1 ba1,179 sqft
House7,405 sqft lot
Est. $297KSold 2020 for $211K
Liberty Way Realty
More about this property
New listing
9
$339,900
1504 Brentwood Dr Unit 201
Troy, MI 48098
3 bd2 ba1,404 sqft
Townhouse
Community Choice Realty Inc
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New listing
32
$375,000
871 Vanderpool Dr
Troy, MI 48083
3 bd2 ba2,074 sqft
House20,038 sqft lot
Est. $384KSold 1999 for $175K
Robert Mazer · eXp Realty, LLC
More about this property
New listing
23
$424,850
2327 Hillcrescent Dr
Troy, MI 48085
4 bd2 ba2,242 sqft
House9,583 sqft lot
Est. $393KSold 1998 for $162K
Real Estate One-Troy
More about this property
New build
6
$434,653
1245 Timberlane
Troy, MI 48098
3 bd2 ba1,520 sqft
Townhouse
A.V.A. Real Estate
More about this property
New listing
24
$515,000
5082 Westmoreland Dr
Troy, MI 48085
4 bd2 ba2,404 sqft
House10,890 sqft lot
Est. $525KSold 2005 for $275K
Sine & Monaghan, LLC
More about this property
New listing
24
$524,800
447 Lange Dr
Troy, MI 48098
4 bd2 ba2,231 sqft
House20,473 sqft lot
Est. $464KSold 2000 for $210K
RE/MAX First
More about this property
New listing
29
$545,000
1028 Maya Ct
Troy, MI 48085
3 bd3 ba2,182 sqft
Condo
Est. $495KSold 2007 for $230K
Century 21 Affiliated
More about this property
New listing
29
$584,000
3436 Paddington Dr
Troy, MI 48084
3 bd2 ba1,850 sqft
House17,424 sqft lot
Est. $518KSold 2019 for $364K
Max Broock, REALTORS(R)-Birmingham
More about this property
New listing
55
$645,000
3665 Estates Dr
Troy, MI 48084
4 bd2 ba2,724 sqft
House14,810 sqft lot
Est. $660KSold 2001 for $310K
Clubhouse Realty LLC
More about this property
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Active listings
111
Homes on market
Median list price
$399K
Avg. days on market
19
Days until sale
New this week
45
Newly listed
Price drops:16.2%of listings
Sale-to-list:99.8%
Top public schools in Troy
25 schools tracked · 14,912 students
The largest public schools serving Troy, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lighthouse Connections Academy
Grades K-12 · 2,187 students
Troy High School
Grades 9-12 · 2,044 students
Athens High School
Grades 9-12 · 1,488 students
Boulan Park Middle School
Grades 6-8 · 825 students
Larson Middle School
Grades 6-8 · 814 students
Smith Middle School
Grades 6-8 · 642 students
Baker Middle School
Grades 6-8 · 635 students
Bemis Elementary School
Grades K-5 · 453 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Troy?
The median home sale price in Troy is $404,500, down 7.7% from last year.
How long do homes stay on market in Troy?
Homes typically spend 19 days on market before going under contract.
Is Troy a buyer's or seller's market?
With 2.8 months of supply, Troy is currently a seller's market.
How many homes are for sale in Troy?
There are currently 111 homes listed for sale in Troy, MI.
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