Market Intelligence · MI / Troy

Troy, MI 48084 Housing Market

The typical home in Troy 48084 is worth $477,047, up 3.0% over the past year. The median list price sits at $334,475, with homes taking a median 45 days to sell as of September 2026.

Updated September 2026Median value$477K

The median home value in Troy, MI 48084 is $477K as of September 2026, up 3.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48084 range

$439K to $515K

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

+3.0% over 12 months

Sep 2025$463K

Low $463KHigh $477K

Sep 2026$477K

The numbers

What is the 48084 housing market like?

As of September 2026

Typical home value

$477K

3.0%YoY

Median list price

$334K

5.6%MoM

Days on market

25.0%MoM

Homes for sale

5.3%MoM

Price cuts

29.3%

12.8%MoM

New listings

50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48084 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48084 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 48084 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 48084?

Zillow's forecast does not call for a drop: it expects typical home values in 48084 to rise 1.3% by September 2027, after a 3.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48084 home prices compare?

48084$477,047
Troy$466,959
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Troy: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Troy's 48084 ZIP has 36 homes on the market with 10 new listings as of September 2026. The median time to sale of 45 days reflects a moderately paced market, while the gap between typical home value and median list price suggests a mix of property types and conditions. Nearly 3 in 10 listings, specifically 29.3%, have seen price cuts. For sellers, this combination of steady appreciation and moderate sales velocity means you're in a workable market, though pricing strategy matters.

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Down payment20% · $95,409

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Common questions

What people ask us.

What is the typical home value in Troy 48084?

The typical home value is $477,047 as of September 2026, up 3.0% over the past year.

How many homes are for sale in Troy 48084?

As of September 2026, there are 36 homes for sale in the 48084 ZIP.

How long do homes typically stay on the market here?

The median days on market is 45 as of September 2026.

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