Troy Real Estate - Find Your Perfect Home For Sale!
Troy - Town vs. County Stats
Avg Price in Troy: $412,400 / County Avg $537,300
Avg Taxes in Troy: $4,500 / County Avg $5,300
Avg Sq. Ft. in Troy: 2,488 / County Avg 2,582
Avg Price per/ft2 in Troy: $166 / County Avg $208
Avg Walkscore in Troy: 29 / County Avg 29
Avg Year Built in Troy: 1983 / County Avg 1978
Avg Days on Website in Troy: 42 / County Avg 74
Troy Real Estate Market Health
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.
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