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Located in the state of Michigan and a city in the Metropolitan Detroit in the northern suburbs in Oakland County. Troy, at present, has become a shopping and business destination in the wider Metro Detroit area with its numerous office centers and the presence of the upscale Somerset Collection mall. The city was named Troy, New York since many of its settlers originated from New York. Troy was ranked as the 19th safest city in the whole United States in 2011. With the city’s housing, quality of education, economic strength, housing, and the offered recreational activities, Troy was ranked in 22d place on a list of “Best Places to Live” in the United States. And it was also ranked as the 4th most affordable in the United States.

Home Prices

AVERAGE
422,423 +22%
MEDIAN
340,050 +13%

Relative Price (per sqft.)

PRICE
177 +1%

Listings

ACTIVE
33 -18%
NEW
28 -13%

Market Duration

DAYS
22 +10%
Population 82,821 (2.20%)
House Size (sqft.) 2,035 (9.00%)