Troy, NH—03465
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Troy, NH
As of Oct '25, the median home price in Troy, NH is $307,000, with a year-over-year change of 3.3%. This indicates that home prices in Troy, NH are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 3.3% |
| Single Family | $308,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 3.3% |
3 Bed | $313,000 | 4.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Troy, NH
As of July '25, Rentcast reports the average rent in Troy, NH is $1,930, with a year-over-year rent change of -14.6%. Per bedroom, the median rent as of July '25 in Troy, NH is 1-bedrooms: $1,580, 2-bedrooms: $1,550, 3-bedrooms: $2,480. The most common rental property sizes in Troy, NH are 2-bedroom and 1-bedroom, accounting for 67.6% and 18.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,580 |
| 2 Bed Rent | $1,550 | $1,550 |
| 3 Bed Rent | $2,200 | $2,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Troy, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Troy, NH is 21. This is a increase of 49.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | 0.0% |
Listing Count | 3 | -62.0% |
| Listings as % of Homes | 0.6% | -62.0% |
Days on Market | 21 | 49.0% |
Demographics — Troy, NH
As of the latest ACS Survey released in 2023, Troy, NH has a population of 2,030, which has remained stable by 0.9% over the past 5 years. Troy, NH is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,030 | 0.9% |
% Under 18 | 21.3% | 11.5% |
% Seniors | 15.7% | 2.6% |
% WFH | 11.1% | 98.2% |
% w/ College Degree | 28.8% | 11.6% |
As of the latest ACS Survey released in 2023, Troy, NH is a predominantly white area, with 96.2% of the population identifying as white. The white population has grown by 6.3% in the last 5 years. The second most common race or ethnicity in Troy, NH is hispanic, making up 2.8% of the population. Foreign-born residents account for 1.1% of the population in Troy, NH, and this percentage has decreased by 79.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.2% | 6.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.8% | 211.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -79.2% |
Mortgage and Risk — Troy, NH
According to HUD data as of 2023, there were 61 mortgage originations in Troy, NH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Troy, NH. Investor activity is low, as 13.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 13.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Troy, NH
Troy, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,350 | $1,090 |
| 2 Bedroom | -$120 | $1,550 | $1,430 |
| 3 Bedroom | -$340 | $2,200 | $1,860 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Troy, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $307,000 |
| Median Household Income | $79,400 |