Troy, MI—48084
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$465,000
3.8% YoY Growth
Household Income
$106,000
17.3% YoY Growth
Days on Market
45
1.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$2,300
8.8% YoY Growth
1-Bed Rent
$1,450
47.4% YoY Growth
2-Bed Rent
$2,300
1.3% YoY Growth
3-Bed Rent
$2,600
10.6% YoY Growth
Home Price Trends — Troy, MI
As of Nov '25, the median home price in Troy, MI is $465,000, with a year-over-year change of 3.8%. This indicates that home prices in Troy, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | 3.8% |
| Single Family | $519,000 | 3.8% |
| Condos | $279,000 | 7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |