Troy, MI

Seller's market-7.7% YoY

Housing market overview · Updated weekly

$404,500median sale price

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

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.

1 bedroom condo for sale at 1840 Axtell Dr Apt 7 Troy 48084 - $165,000
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

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2 bedroom condo for sale at 1152 Faulkner Troy 48083 - $294,900
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

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3 bedroom house for sale at 2386 Milverton Dr Troy 48083 - $315,000
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

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3 bedroom townhouse for sale at 1504 Brentwood Dr Unit 201 Troy 48098 - $339,900
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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3 bedroom house for sale at 871 Vanderpool Dr Troy 48083 - $375,000
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

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4 bedroom house for sale at 2327 Hillcrescent Dr Troy 48085 - $424,850
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

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3 bedroom townhouse for sale at 1245 Timberlane Troy 48098 - $434,653
New build
6
$434,653

1245 Timberlane

Troy, MI 48098

3 bd2 ba1,520 sqft
Townhouse

A.V.A. Real Estate

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4 bedroom house for sale at 5082 Westmoreland Dr Troy 48085 - $515,000
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

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4 bedroom house for sale at 447 Lange Dr Troy 48098 - $524,800
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

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3 bedroom condo for sale at 1028 Maya Ct Troy 48085 - $545,000
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
3 bedroom house for sale at 3436 Paddington Dr Troy 48084 - $584,000
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

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4 bedroom house for sale at 3665 Estates Dr Troy 48084 - $645,000
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

Looking to buy in Troy?

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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%

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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