Troy Real Estate

Troy is a city located among Metropolitan Detroit's northern suburbs in Oakland County in the U.S. state of Michigan. The population was 80,980 at the 2010 census, making it the 11th-largest city in Michigan by population, and the largest city in Oakland County. Troy has become a business and shopping destination in the Metro Detroit area, with numerous office centers and the upscale Somerset Collection mall.
In 2011, Troy was ranked the safest city in Michigan, as well as the 19th safest city in the nation. In 2008, Troy was ranked 22nd on a list of "Best Places to Live" in the United States by CNN Money, using criteria including housing, quality of education, economic strength, and recreational opportunities. In 2008, Troy ranked as the fourth most affordable U.S. city with a median household income of approximately $79,000.

The earliest recorded purchases of land in what was known as Troy Township occurred in 1819. A couple of years later a settlement known as Troy Corners was established due to Johnson Niles buying 160 acres in the region. The area is currently the north-central area of Troy. In 1827 Troy Township was established. In 1955 Troy was officially incorporated primarily as a strategy for preventing border cities from taking more land.

Troy - Town vs. County Stats

Avg Price in Troy: $572,100 / County Avg $756,300


Avg Taxes in Troy: $4,700 / County Avg $6,900


Avg Sq. Ft. in Troy: 2,179 / County Avg 2,338


Avg Price per/sqft in Troy:$263 / County Avg $324


Avg Walkscore in Troy: 38 / County Avg 33


Avg Year Built in Troy: 1991 / County Avg 1979


Avg Days on Website in Troy: 58 / County Avg 69


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