Market Intelligence · MI / Troy

Troy, MI 48084 Housing Market

The typical home value in Troy, MI 48084 is $484,441, up 3.5% over the past year. The median list price is $354,450, and homes spend a median of 36 days on market.

Updated August 2026Median value$484K

The median home value in Troy, MI 48084 is $484K as of August 2026, up 3.5% 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 48084 range

$446K to $523K

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

+3.5% over 12 months

Typical home value in 48084 over the last 12 months: $468K in Aug 2025 to $484K in Aug 2026 (+3.5%).

Aug 2025$468K

Aug 2026$484K

The numbers

What is the 48084 housing market like?

Typical home value

$484K

Up3.5%YoY

Median list price

$354K

Down10.9%MoM

Days on market

36

Up33.3%MoM

Homes for sale

38

Up15.2%MoM

Price cuts

26.0%

Up47.2%MoM

New listings

20

Down23.1%MoM

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

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The comparison

How do 48084 home prices compare?

  • 48084$484,441
  • Troy$473,240
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Troy: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 38 homes for sale in Troy, MI 48084, with 20 new listings added. The median list price is $354,450, and homes are moving in a median of 36 days. The typical home value sits at $484,441, up 3.5% over the past year. Price cuts are showing up on 26.0% of listings, which suggests some sellers are adjusting expectations even as values hold. For a seller, the market still supports reasonable pricing, but overpricing will likely cost you time.

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