Troy, MI—48085
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$469,000
2.5% YoY Growth
Household Income
$144,000
27.0% YoY Growth
Days on Market
35
13.0% Shorter YoY
Home Price Forecast
1.0%
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 May '26, the median home price in Troy, MI is $469,000, with a year-over-year change of 2.5%. This indicates that home prices in Troy, MI are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $469,000 | 2.5% |
| Single Family | $469,000 | 2.0% |
| Condos | $465,000 | 2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |