LET STEPH GUIDE YOU THROUGH YOUR NEW HOME REAL ESTATE SEARCH WITH OUR INTERACTIVE MAPS, BEAUTIFUL ELEVATION IMAGES AND PERSPECTIVES!

HERE'S SOME OF WHAT YOU WILL FIND IN OUR TROY LUXURY HOMES SEARCH RESULTS.

ABOUT TROY

You may go swimming, shopping, and much more. Recreation in Troy can be as family-friendly or as solitary as you like.

In Troy, both homes and businesses may expect to do well. Troy has been ranked as one of Niche's top 10 best suburbs in Michigan due to its high quality of life. Regarding suburbs, Troy ranks second in Michigan and first in the Metro Detroit area (2021). Troy has been ranked as the finest place to live in Michigan and as the sixth-best place for retirees in the United States by ChamberofCommerce.org (2019). The academic and artistic programs at Troy Public Schools have received national acclaim and earned the district an A+ grade. Troy offers unrivaled municipal services, is ranked as Michigan's safest city, and has one of the county's lowest tax rates. Several lakes and streams, two golf courses, the Stage Nature Center, and the Troy Historical Village are within the municipal limits.

MARKET INSIGHTS

TROY HOUSING MARKET TRENDS

What is the housing market like in Troy today?
In February 2023, Troy home prices were up 5.7% compared to last year, selling for a median price of $354K. On average, homes in Troy sell after 32 days on the market compared to 14 days last year.

How hot is the Troy housing market?

Troy is very competitive. Homes sell in 21 days.

TROY LISTINGS & SALES

Sold

THINGS TO DO IN TROY

 

Recreation
The Aquatic Center for the Troy Area
If you're looking for a place to "staycation" this summer, go no further than the Troy Family Aquatic Center. Families can take advantage of the sand-filled area with a playscape and toys, the sand volleyball courts, the deck and lounge chairs, the food concessions, the shaded patio, and the main swimming pool with a zero-depth entrance (like a beach) and lap lanes.

Local Assembly Hall in Troy
The Troy Community Center is a 127,000-square-foot, state-of-the-art facility that houses a gymnasium, locker rooms, dance/aerobic studios, meeting rooms and banquet facilities, a senior center, a preschool area, and a swimming pool with 60 pieces of cardiovascular equipment, 25 circuit-training machines, and free weights. Fitness center members can also use the outdoor plaza, bocce ball courts, shuffleboard courts, walking trails, and Kid's Korner daycare.


The Library of Troy
Every year, hundreds of thousands of people go to the Troy Public Library (TPL) to take advantage of the library's services.
Borrowing materials from the library includes books, eBooks, media, and games.
Take part in a wide range of adult and kid-friendly shows
Use resources like a memory lab and other databases to your advantage.


The Somerset Collection, with more than 1.4 million square feet of unique dining and shopping options, is a staple in Troy for locals and tourists alike.

Oakland Shopping Center
Another major shopping center in Troy is the Oakland Mall. Macy's and JCPenney are just two major department stores contributing to Oakland's many shopping options.

FIND YOUR DREAM TROY HOME FOR SALE

FIND YOUR DREAM TROY HOME FOR SALE

TOP 5 FAQS ABOUT HOMES IN TROY MI

The average home price in Troy, Michigan, ranged from approximately $250,000 to $450,000. However, real estate markets are dynamic and can change over time. Home prices can vary significantly based on factors such as location within Troy, the size of the property, its condition, and the current market conditions. Troy is known for its diverse housing options, from modest single-family homes to larger, upscale properties. To get the most accurate and up-to-date information on home prices in Troy, it's advisable to consult with a local real estate agent who can provide market insights and recent sales data.

Troy is known for its family-friendly neighborhoods and excellent school districts. Some of the highly regarded neighborhoods for families in Troy include Troy Historic Village, Somerset North, and Long Lake Village. These areas offer a combination of good schools, parks, and a sense of community. Somerset Collection, a high-end shopping and dining destination, is also a significant attraction in Troy. Families often prioritize access to quality education, and Troy's school district is known for its top-rated schools, which can be a crucial factor in choosing a neighborhood.

Property tax rates can vary depending on the specific location within Troy and the services provided by local government entities. On average, property tax rates in Troy are approximately 1.2% to 1.5% of the property's assessed value. However, it's important to note that property taxes are subject to change and may be influenced by millage rates, which can vary between neighborhoods. It's advisable to research the property tax rates for the specific area you're interested in and consider this factor when budgeting for homeownership in Troy.

Troy continues to see new construction developments, including residential properties. These developments often feature modern design, energy-efficient features, and updated amenities. Some builders are focused on constructing new homes and townhouses, while others may develop condominium communities. If you're interested in new construction, it's essential to work with a real estate agent who can provide information on current and upcoming projects, as well as guide you through the process of purchasing a newly built home in Troy.

Troy's location provides relatively easy access to nearby cities. The commute to Detroit, for example, is convenient due to the city's proximity to major highways like I-75 and I-696. The drive to downtown Detroit typically takes around 30 to 40 minutes, depending on traffic conditions and the exact location within Troy. Troy is also known for its strong job market, which means that many residents work locally, reducing the need for long commutes. Additionally, Troy offers a range of local amenities, making it possible for residents to meet their daily needs without extensive travel.

OUR RECENT CLIENT TESTIMONIALS

Work With Me

It is so important to connect with a real estate professional that understands your needs and provides you with the first-class representation you deserve. Whether you are interested in selling a home, purchasing a new home or investing in real estate, I strive to do just that for you! Communication is key when working with a REALTOR which is why we will walk hand in hand throughout the entire process to personally and effectively achieve your goals. I want to be your resource for life!