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.
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.
Most Popular
000 Devonwood
$1,099,000
Most Expensive
2557 Charnwood
$2,490,000
Least Expensive
1055 Hartland
$219900
Troy Listings Summary
Troy - Town vs. County Stats
Avg Price in Troy: $583,700 / County Avg $610,400
48%
Avg Taxes in Troy: $5,000 / County Avg $5,800
43%
Avg Sq. Ft. in Troy: 2,473 / County Avg 2,320
53%
Avg Price per/sqft in Troy:$236 / County Avg $263
90%
Avg Walkscore in Troy: 30 / County Avg 32
46%
Avg Year Built in Troy: 1988 / County Avg 1978
50%
Avg Days on Website in Troy: 54 / County Avg 60
45%
Troy Real Estate Market Health
New Listings
Reductions
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Short Sales
| Areas in Troy MI |
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| Troy |
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