How much does it cost to buy a house in Troy, MI?

In May 2026 Troy homes were listed to buy for a median price of $475K, which is a 3% decrease to April 2025 last month, and a 3% decrease to May 2025 last year. The median value of a home listed to buy in Troy in May 2026 was $222 per sqft,

Is it affordable or expensive to live in Troy, MI?

It is expensive to live in Troy. Buying a home in Troy is 1% more expensive compared with the national average.

Is the Troy, MI housing market slowing down?

The housing market in Troy is slowing down. In May 2026, homes to buy in Troy spent an median 20 days on the market, a 9% decrease from May 2025 last year.

What are the best and safest places to live in Troy, MI?

The best and safest neighborhoods to live in Troy in May 2026 are Butler Ridge, Clear Creek, Walnut Brook Estates, Indian Village, Downtown Rochester, Corktown, Brush Park, Brookwood, Palmer Park, Rochester Road, Green Acres, University District, Barclay, Downtown Detroit, North Rosedale Park, Rosedale Park, East English Village, Eight Mile Wyoming, Grandmont, Brightmoor

How much money should I make to buy a house in Troy, MI?

In May 2026, Troy homes were listed to buy for a median price of $475K, with 25% down you would need $2.97K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $102K.