Troy, MI—48085
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$444,000
3.9% YoY Growth
Household Income
$144,000
27.0% YoY Growth
Days on Market
44
20.0% Longer YoY
Home Price Forecast
1.9%
Median Rent
$2,800
0.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,150
11.1% YoY Growth
3-Bed Rent
$2,750
4.2% YoY Growth
Home Price Trends — Troy, MI
As of Nov '25, the median home price in Troy, MI is $444,000, with a year-over-year change of 3.9%. 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 | $444,000 | 3.9% |
| Single Family | $444,000 | 3.3% |
| Condos | $444,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |