Market Intelligence · MI / Troy

Troy, MI 48083 Housing Market

The typical home value in Troy's 48083 ZIP code is $369,082, up 2.3% over the past year. The median list price sits at $384,000, and homes are taking a median of 27 days on market as of June 1, 2026.

Updated June 2026Median value$369K

The median home value in Troy, MI 48083 is $369K as of June 2026, up 2.3% 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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Typical 48083 range

$340K to $399K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.3% over 12 months

Typical home value in 48083 over the last 12 months: $361K in Jun 2025 to $369K in Jun 2026 (+2.3%).

Jun 2025$361K

Jun 2026$369K

The numbers

What is the 48083 housing market like?

Typical home value

$369K

Up2.3%YoY

Median list price

$384K

Days on market

27

Up3.8%MoM

Homes for sale

42

Price cuts

22.5%

New listings

36

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 48083 home prices compare?

  • 48083$369,082
  • Troy$488,576
  • Michigan$247,122
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Troy: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 42 homes for sale in 48083, with 36 new listings recently added. The median list price is $384,000, and the median days on market is 27. About 22.5% of listings have had a price cut, which points to some negotiation happening. The typical home value of $369,082 is up 2.3% over the past year. For sellers, this is a steady market where fair pricing matters more than expecting a bidding war.

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