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Market Intelligence · MI / Oakland County

Troy, MI housing market

4 ZIP markets liveData updated August 2026Typical value$473K1-yr changeUp2.7%

The median home value in Troy, MI is $473K as of August 2026, up 2.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Troy, by the numbers.

Typical home valueZillow ZHVI, August 2026
$473K
1-yr changeMedian across Troy ZIPs
+2.7%
ZIP markets live5 tracked in Troy
4
County
Oakland County

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12-month value trend

+2.7% over 12 months

Typical home value in Troy over the last 12 months: $461K in Aug 2025 to $473K in Aug 2026 (+2.7%).

Aug 2025$461K

Aug 2026$473K

Median Zillow home value index across Troy's ZIP codes.

Context

Troy's typical home is valued at $473,240 by Zillow as of August 2026, a 12-month move of +2.7%. On the listing side, Realtor.com counts 192 homes on the market, 108 newly listed, and a median asking price of $443,700 in August 2026. A typical listing takes 31 days to sell, and 25.8% of active homes have seen a price reduction. The read is a steady market, gains holding while buyers still have room to negotiate on individual homes.

The numbers

What is the housing market like in Troy, MI?

Typical home value

$473K

Up2.7%YoY

Median list price

$444K

Days on market

31

Homes for sale

192

Price cuts

25.8%

New listings

108

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Troy's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Troy?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 5 Troy ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Troy, MI

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Nearby markets

More Michigan housing markets.

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