Housing Market in Troy

Troy's 2026 housing market runs genuinely expensive relative to Michigan's statewide median, with a real, disclosed spread across cited median-price figures.

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A real, disclosed price spread across sources

Cited figures for Troy's median home price ranged from $396,774 to $459,000 depending on source and methodology (median value vs. median sale price) -- confirm current comparable sales directly for a specific target address.

Modest, uneven population growth shapes demand

Troy's population has grown modestly since 2020 (roughly 2%-4.7% across cited sources, with real year-to-year unevenness) -- a steady but not rapid-growth market relative to some faster-growing Michigan metros documented elsewhere in this project.

Corporate-corridor proximity carries real premiums

As in most cities in this dataset, pricing in Troy varies meaningfully by proximity to the Big Beaver Rd corporate corridor, Troy School District's most sought-after attendance zones, and Somerset Collection.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.