Troy, MI Housing Market 2026: Median Home Price & Sales Trends
What homes actually sell for in Troy: a median closing price of $422,500 across 411 closings Resideline tracked over the last six months, plus the full price spread and a ZIP-level breakdown.
If you invest in or around Troy, the number that matters is what homes actually close for, not what sellers are asking. Here is what Troy sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.
The snapshot
- •Closings tracked, last 6 months: 411
- •Median sold price, last 6 months: $422,500
What the numbers say
Resideline tracked 411 closed sales in Troy over the last six months, with a median closing price of $422,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. These are the closings we track, not a complete county record, so treat the count as a large sample of the market rather than every sale that happened.
Median home price in Troy, MI (August 2026)
The median home price in Troy is $422,500, measured across the 411 closed sales Resideline tracked over the last six months.
The Troy angle
Troy is one of Oakland County's principal suburban employment centers, with a corporate office base and a school district that has long been a primary reason households choose the city. Resideline tracked 411 closings over six months at a median closing price of $422,500, about 69 tracked closings a month. That midpoint sits well above the Detroit metro as a whole and reflects a stock dominated by well-maintained postwar and later single-family subdivisions rather than new construction. A 20 percent down payment at the median is $84,500. Buyers weighing Troy against neighboring Oakland County communities are usually trading school reputation against price, and the citywide median only frames the first half of that comparison.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. The public scoreboard currently shows 3.21% median error across 6,276+ graded closings, across 50 states. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Troy address through Resideline and you will see the local market and the property's value together, in one report.
Frequently Asked Questions
What is the median home price in Troy?
The median sold price in Troy over the last 6 months is $422,500, measured across 411 closings Resideline tracked.
How does Troy, MI pricing compare within the Detroit area?
Troy's median closing price across 411 tracked closings over six months was $422,500, which is toward the upper end for the Detroit metro. Much of that reflects the school district and the local corporate employment base. The figure is a midpoint from a tracked sample, so individual Troy homes close both above and below it depending on subdivision, size and condition.
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