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

Troy, Michigan, a city that beautifully marries a rich history with a forward-looking approach to modern living. Situated in the heart of Oakland County, Troy is a place where the warmth of community and the dynamism of innovation come together to create an exceptional living experience.

A Tapestry of History: Troy's history is deeply rooted in its agrarian origins, evolving into a thriving suburban community that values its heritage. The city's commitment to preserving green spaces and cultivating a strong sense of community is evident in its well-preserved historic sites and parks. As you explore Troy, you'll find a harmonious blend of old and new, where tree-lined streets lead to cutting-edge businesses and beautifully designed neighborhoods.

Real Estate Trends and Lifestyle: Troy's real estate market reflects its commitment to providing a wide array of housing options that cater to diverse lifestyles. From charming single-family homes in established neighborhoods to modern condos that appeal to young professionals, Troy offers something for everyone. The city's investment in education, healthcare, and recreation ensures that residents have access to top-tier amenities. Whether you're indulging in retail therapy at Somerset Collection, exploring the city's numerous parks, or participating in community events, Troy offers a vibrant and fulfilling lifestyle.

Troy's Promise: Choosing to call Troy home means embracing a unique blend of history, modernity, and a strong sense of community. Its real estate trends showcase the city's dedication to offering a wide range of living options, all while preserving its heritage. Experience the best of both worlds in Troy, where tradition and progress unite to provide residents with a quality of life that's second to none.

MARKET INSIGHTS

TROY MI HOUSING MARKET TRENDS

What is the housing market like in Troy today?
The Troy housing market is very competitive. Homes in Troy receive 7 offers on average and sell in around 12 days. The median sale price of a home in Troy was $399K last month, up 4.8% since last year. The median sale price per square foot in Troy is $217, up 10.7% since last year.

How hot is the Troy housing market?

Troy is very competitive. Homes sell in 12 days.

TROY LISTINGS & SALES

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TOP 5 FAQS ABOUT TOWNHOMES IN TROY

The townhome market in Troy, MI, is experiencing a notable uptick in demand. This is driven by a variety of factors, including the affordability of townhomes compared to single-family homes and the appeal of low-maintenance living. Many homebuyers, especially first-time buyers and downsizers, are attracted to townhomes for their convenience and the community amenities they often offer. Newer townhome developments in Troy are focusing on modern, energy-efficient designs and including amenities like smart home technology. The market is competitive, with townhomes often selling quickly due to their popularity among young professionals and small families who appreciate the city's excellent schools, parks, and proximity to Detroit's job market.

Townhomes in Troy present an appealing alternative to single-family homes, especially for those seeking a more manageable living space and a community-oriented environment. While single-family homes offer more privacy and typically larger living spaces, townhomes in Troy are preferred for their affordability and lower maintenance requirements. Many townhome communities provide additional amenities like landscaped common areas, clubhouses, and pools, which can be attractive to buyers who value these features. In terms of price, townhomes generally offer a more accessible entry point into the Troy real estate market, making them a popular choice for those looking to reside in this desirable area.

In Troy, potential buyers can find a diverse range of townhome styles to fit various tastes and budgets. Options include older, more established townhome communities, which often offer larger floor plans and traditional designs, as well as newer, more modern developments with contemporary amenities and styling. Many townhomes in Troy feature attractive design elements like open floor plans, private patios or balconies, attached garages, and updated kitchens. Luxury townhomes are also available, offering high-end finishes and additional amenities such as gated entry, premium appliances, and custom design features.

Investing in a townhome in Troy can be a smart financial decision, particularly in light of the area's strong and stable real estate market. The demand for townhomes in Troy, fueled by the city's excellent amenities and strategic location, suggests a good potential for property appreciation. Townhomes can also be an attractive rental option, appealing to those who may not be ready to purchase a home or prefer the flexibility of renting. As with any investment, it’s important to consider factors like location within Troy, the age and condition of the townhome, and the health of the homeowners' association.

When considering purchasing a townhome in Troy, buyers should evaluate several factors. Location within the city is crucial, as proximity to schools, shopping, and transportation can significantly impact the property's value and quality of life. Understanding the homeowners' association (HOA) fees and what they cover, such as exterior maintenance, landscaping, and amenities, is important. Assessing the layout, size, and condition of the townhome, as well as the overall vibe of the community, can influence long-term satisfaction with the purchase. Investigating the community's rules and regulations, and getting a sense of the neighborhood's culture and lifestyle, are also key steps in making an informed decision.

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!