Market Intelligence · MI / Troy

Troy, MI 48085 Housing Market

The typical home value in Troy's 48085 ZIP code is $475,852, up 2.5% over the past year. The median list price is $527,000, and homes are taking a median of 28 days on market.

Updated June 2026Median value$476K

The median home value in Troy, MI 48085 is $476K as of June 2026, up 2.5% 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 48085 range

$438K to $514K

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

+2.5% over 12 months

Typical home value in 48085 over the last 12 months: $464K in Jun 2025 to $476K in Jun 2026 (+2.5%).

Jun 2025$464K

Jun 2026$476K

The numbers

What is the 48085 housing market like?

Typical home value

$476K

Up2.5%YoY

Median list price

$527K

Days on market

28

Up180.0%MoM

Homes for sale

58

Price cuts

12.8%

New listings

38

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

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The comparison

How do 48085 home prices compare?

  • 48085$475,852
  • 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 58 homes for sale in 48085, with 38 new listings recently added. The median list price sits at $527,000, while the typical home value is $475,852, up 2.5% over the past year. Homes are spending a median of 28 days on market, and 12.8% of listings have had a price cut. For a seller, the numbers point to steady demand, but pricing carefully still matters.

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