Troy Real Estate

Troy is a city located among Metropolitan Detroit's northern suburbs in Oakland County in the U.S. state of Michigan. The population was 80,980 at the 2010 census, making it the 11th-largest city in Michigan by population, and the largest city in Oakland County. Troy has become a business and shopping destination in the Metro Detroit area, with numerous office centers and the upscale Somerset Collection mall.
In 2011, Troy was ranked the safest city in Michigan, as well as the 19th safest city in the nation. In 2008, Troy was ranked 22nd on a list of "Best Places to Live" in the United States by CNN Money, using criteria including housing, quality of education, economic strength, and recreational opportunities. In 2008, Troy ranked as the fourth most affordable U.S. city with a median household income of approximately $79,000.

The earliest recorded purchases of land in what was known as Troy Township occurred in 1819. A couple of years later a settlement known as Troy Corners was established due to Johnson Niles buying 160 acres in the region. The area is currently the north-central area of Troy. In 1827 Troy Township was established. In 1955 Troy was officially incorporated primarily as a strategy for preventing border cities from taking more land.

Troy - Town vs. County Stats

Avg Price in Troy: $385,800 / County Avg $550,400

35%

Avg Taxes in Troy: $4,700 / County Avg $7,300

32%

Avg Sq. Ft. in Troy: 2,232 / County Avg 2,386

47%

Avg Price per/ft2 in Troy: $173 / County Avg $231

75%

Avg Walkscore in Troy: 33 / County Avg 35

48%

Avg Year Built in Troy: 1985 / County Avg 1977

50%

Avg Days on Website in Troy: 77 / County Avg 105

37%

Troy Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales
Areas in Troy MI
Troy
Neighborhoods in Troy MI
ABER-MOOR SUB
ADDISON HEIGHTS SUB
BAILEYS VINEYARDS SUB
BAYBERRY PLACE CONDO OCCPN 1607
BEACH FOREST SUB
BEACH FOREST SUB NO 2
BRADLEY SQUARE OCCPN 2140
BROOKE VIEW CONDO 2110
BUCKINGHAM ACRES NO 3 - TROY
CAPITOL HILL CLUB OCCPN 13
CARLSTON HEIGHTS SUB
CEDAR PINES ESTATES CONDO
CHATFIELD COMMONS OCCPN 1274
Clark Estates
COUNCIL HEIGHTS
DEQUINDRE ESTATES
EMERALD LAKES VILLAGE NO 7
Eysters Suburban Home Sub
FOREST VIEW VILLAGE
Golf Estates
J F KIRTS FARM
LAKE CHARNWOOD NO 1
LAKEWOOD SUB - TROY
LONG LAKE VILLAGE SUB
MANOR HOMES OF TROY OCCPN 574
MC CORMICK & LAWRENCE LITTLE FARMS
MIDDLESEX COUNTRY HOME SITES
MIDTOWN CROSSING
none given
North Adams Valley Sub No 2
Northfield Hills
NORTHFIELD HILLS CONDO OCCPN 339
Oak Forest 4
OAK FOREST NO 4 CONDO OCCPN 2264
OAK RIVER EAST SUB NO 2
OAK RIVER SUB NO 2
OCCPN PLAN NO 2274 LONG LAKE SQUARE
PARKVIEW ESTATES SUB
PLEASANT VIEW SUB -TROY
ROCHESTER COMMONS OCCPN 1616
Sandalwood North Condo Occpn 1 578
SANDALWOOD NORTH CONDO OCCPN 1578
SANDALWOOD SOUTH OCCPN 1412
SOMERSET NORTH SUB
SOMERSET PLACE SUB NO 1
STUMPFS BEECH GROVE SUB
SUPRVRS 7 - TROY
SUPRVRS PLAT NO 27 - TROY
SUPRVRS PLAT OF BEECH GROVE HTS SUB NO 1
SUPRVRS PLAT OF JOHN ARBOR SUB
SYLVAN GLEN SUB
THE VILLAGE AT MIDTOWN SQUARE II OCCPN 1442
THE VILLAGE AT MIDTOWN SQUARE OCCPN 1368
TOWN ACRES SUB NO 5
TROY ESTATES SUB NO 4
TROY HIGHLANDS
TROY VILLAS 1
WALNUT FOREST SITE CONDO OCCPN 1874
WESTON DOWNS CONDO
WESTWOOD PARK
WEXFORD PARKHOMES OCCPN 430
WINDRIDGE SUB NO 2