Homes for Sale in Troy, Michigan

Your Complete Guide to Living in Troy

$395,000 Median Price
15 days Avg Days on Market
87000 Population
9/10 School Rating
+5.8% YoY Price Change
2026 Data Updated

Oakland County, Michigan

About Troy, Michigan

Updated May 2026

Living in Troy, Michigan: A Complete Community Guide

Troy, Michigan is one of Metro Detroit's most sought-after thriving business and residential suburban communities, offering residents an exceptional quality of life defined by the Somerset Collection luxury mall, major corporate headquarters, excellent schools, and highly diverse population. Situated in Oakland County with approximately 87,000 residents, Troy strikes a perfect balance between suburban comfort and urban accessibility — positioned 20 miles / 25–35 min from Downtown Detroit via I-75 and I-696.

What Makes Troy Special

Troy is home to the Somerset Collection, one of Michigan's premier luxury shopping destinations, and serves as Metro Detroit's premier corporate hub with dozens of Fortune 500 offices. The community consistently ranks among the top places to live in Michigan, drawing professionals, families, and retirees who value top-tier schools, safe neighborhoods, and a vibrant local economy. The median home price of $395,000 reflects the desirability and high standards maintained throughout Troy's residential neighborhoods.

Whether you're drawn to Troy's thriving business and residential suburban atmosphere, its proximity to major employment corridors, or simply the high quality of everyday life, this community delivers on every front. Parks and recreation areas — including Troy Nature Center, Firefighters Park, and Beaver Pond Natural Area — provide year-round outdoor activities for all ages, while the thriving local business district ensures world-class dining, shopping, and services are always close at hand.

Real Estate in Troy

The real estate market in Troy reflects the community's premium status. With a median home price of $395,000, properties range from charming craftsman-style homes on tree-lined streets to expansive luxury estates. Troy's real estate values have shown consistent appreciation over the past decade, making homeownership here a sound financial investment.

The 48084 ZIP code anchors most residential activity. Working with a local real estate expert who knows the specific neighborhood micro-markets within Troy is essential for making the most informed buying or selling decision.

Schools & Education

Troy is served by the Troy School District, consistently rated among Michigan's top school systems. Students benefit from experienced educators, modern facilities, enriched curriculum, and robust extracurricular programming. The district's graduation rates and college placement record are points of community pride.

Beyond public schools, Troy and the surrounding area offer private, parochial, and charter school options for families seeking alternatives. Higher education resources are accessible through nearby universities and community colleges.

Healthcare & Wellness

Residents of Troy have access to top-tier healthcare through Corewell Health Beaumont Troy Hospital and a network of specialty clinics and urgent care centers throughout the Oakland County area. The concentration of medical professionals and healthcare infrastructure in this part of Michigan is exceptional by any measure.

Commuting & Transportation

Getting to and from Troy is straightforward thanks to excellent highway access via I-75 and I-696. The 20 miles / 25–35 min commute to Detroit is manageable, and connections to I-75, I-96, and I-696 corridors make Troy practical for professionals working throughout the region. Many residents find the strategic location far less stressful than comparable markets.

Local Dining, Shopping & Entertainment

Troy has cultivated a thriving local economy centered on exceptional dining and retail. The restaurant scene spans farm-to-table fine dining to beloved neighborhood casual spots, coffee houses, and specialty food purveyors. Shopping ranges from national retailers to locally owned boutiques and art galleries that give the community its distinctive character.

Why Choose Troy?

Choosing Troy means investing in a community with a proven track record of excellence in schools, public safety, property values, and quality of life. Whether you're a first-time buyer, growing family, or looking to upgrade to a premium community, Troy, Michigan offers the combination that matters most: outstanding schools, safe streets, accessible location, and a neighborhood culture built on long-term pride of ownership.

Relocation Guide

Moving to Troy, Michigan — Everything You Need to Know

Relocating to Troy is an exciting decision. This guide covers everything you need to get settled quickly in one of Oakland County's premier communities.

Before You Move: Setup Checklist

  • Update your address with USPS at least 2 weeks before your move date
  • Register to vote in Troy — Michigan allows same-day registration
  • Transfer your Michigan driver's license to your new 48084 address within 30 days
  • Register your vehicle at any Michigan Secretary of State office
  • Enroll children in school — contact Troy School District enrollment office early for fall semester

Setting Up Utilities

Getting Around

Primary highway access is via I-75 and I-696, putting Downtown Detroit 20 miles / 25–35 min away. The road network is well-maintained and connects efficiently to the broader Metro Detroit highway grid. Rush-hour commutes are typically manageable compared to other metro regions of similar size.

School Enrollment

Children in Troy are served by Troy School District. To enroll, bring proof of residency (utility bill or lease), birth certificate, immunization records, and previous school records. Many schools have active PTA/PTO organizations that welcome new families.

Community Resources

  • City Hall: https://www.troymi.gov — permits, licenses, local ordinances
  • Troy Public Library — free library cards for residents
  • Parks & Recreation — seasonal programming, sports leagues, fitness classes
  • Chamber of Commerce — local business directory and events calendar

Local Tips for New Residents

  • Join the Troy community Facebook group or Nextdoor for local recommendations
  • Michigan winters in Oakland County can be significant — all-season or snow tires recommended
  • Apply for a library card within your first week — excellent digital and physical resources
  • Sort out Michigan No-Fault auto insurance before moving — rates vary by ZIP code
  • Explore Troy's parks early — they fill quickly in summer for events and recreation

Finding a Home in Troy

The Troy real estate market moves quickly. Working with a local agent who knows the specific neighborhoods, school boundaries, and market conditions will give you a competitive edge. Daryl Wizinsky & Associates has deep expertise in Oakland County real estate and is ready to guide you through every step.

Real Estate

Troy Real Estate Market Trends

Data as of May 2026

$395,000
Median Home Price
+5.8% YoY
15 days
Avg Days on Market
$195
Price per Sq Ft

Troy Real Estate Market Overview

The Troy housing market remains one of the most competitive in Oakland County. With a median home price of $395,000 and an average of 15 days on market, well-priced homes in desirable neighborhoods routinely receive multiple offers within days of listing.

Year-over-year appreciation has reached +5.8%, reflecting sustained demand from buyers seeking Troy's combination of exceptional schools, community amenities, and strategic Metro Detroit location. At $195 per square foot, Troy offers genuine value relative to similar communities in the region.

The Troy market is characterized by low inventory and high demand — a dynamic that has defined this community for several years. Sellers currently hold significant negotiating leverage, while buyers who move decisively with experienced local agents tend to find success even in competitive situations.

For detailed current market reports, including active listings and neighborhood-specific trends, contact Daryl Wizinsky & Associates for a complimentary market analysis.

View All Troy Listings →

Financing

Mortgage Calculator — Troy, Michigan

Estimate your monthly payment with today's live rates

Mortgage Calculator

Live rates via Freddie Mac PMMS · updated 2026-05-07

$
%
$240,000

Monthly Payment $1,482 at 7.15% · 30-year fixed
Principal & Interest $1,198
Property Taxes
$375
Insurance
$100
HOA /mo $0
Other /mo $0
James Taveggia - Union Home Mortgage
James Taveggia
Area Sales Manager
Union Home Mortgage
  • 📞 Office: (586) 343-0446
  • 📱 Mobile: (586) 722-8800
  • ✉️ jtaveggia@uhm.com
  • 📍 92 Mill Street, Rochester, MI 48307
  • 🪪 Licensed in FL, MI, CA · NMLS #23433

Got pre-approved? → Book a Showing with Daryl →

NMLS #23433 · Union Home Mortgage Corp. · NMLS #2229
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Education

Schools in Troy, Michigan

Public School District

Troy School District — Rated 9/10.  View on Niche.com →  View on GreatSchools.org →

Elementary Schools

Middle Schools

High Schools

Private & Charter Schools

Colleges & Universities Nearby

Public Libraries

Food & Drink

Best Restaurants & Dining in Troy

Troy offers a diverse dining scene — from upscale restaurants to casual neighborhood favorites. Here are the top picks for dining in Troy, Michigan.

Fine Dining

Casual Dining & Family Restaurants

Coffee Shops & Cafes

Grocery Stores

Upcoming Events

What’s Happening in Troy

Family-friendly events, festivals, and things to do in Troy, Michigan.

No upcoming events listed yet for Troy. Check back soon — we update this section monthly with local festivals, markets, and community events.

Know about an upcoming event? Let us know →

Location

Troy Map & Neighborhoods

Troy is centrally located in Oakland County, Michigan, offering residents convenient access to Metro Detroit's employment, culture, and recreational amenities. The map below shows Troy's location and surrounding neighborhoods. ZIP codes served: 48083, 48084, 48085, 48098.

Walk Score & Commute: View Walk Score for Troy →  ·  Wikipedia: Troy →

Getting Around

Commuting from Troy

DestinationDistance & Drive Time
Downtown Detroit20 miles / 25–35 min
Ann Arbor50 miles / 50 min
Detroit Metropolitan Airport (DTW)28 miles / 30 min

Major Expressways: I-75 and I-696

Public Transit: SMART Bus System  |  Detroit Metropolitan Airport

Common Questions

Frequently Asked Questions About Troy, MI

What is the average home price in Troy, MI?
The median home price in Troy, Michigan is approximately $395,000. Prices vary by neighborhood, home size, and condition. Contact Daryl Wizinsky & Associates for a current market analysis.
What school district is Troy, MI in?
Troy is served primarily by the Troy School District. The district is highly rated and serves students from kindergarten through 12th grade. Some areas may fall within neighboring district boundaries depending on exact address.
How far is Troy from Detroit?
Troy is approximately 20 miles / 25u201335 min from Downtown Detroit via I-75 and I-696. Off-peak drives typically run 25u201340 minutes; plan for more during rush hour.
What is the population of Troy, MI?
Troy has an estimated population of approximately 87,000 residents, making it one of Oakland County's notable communities.
Is Troy, Michigan a good place to live?
Troy consistently ranks among the top places to live in Michigan, praised for excellent schools, low crime rates, strong property values, and quality community amenities. It is especially popular with families and professionals.
What hospitals are near Troy, MI?
Residents of Troy are served by Corewell Health Beaumont Troy Hospital, along with several urgent care centers and specialty clinics throughout the Oakland County area.
What are property taxes like in Troy?
Property taxes in Troy vary by local millage rates. Michigan's Proposal A limits annual increases on primary residences. Contact your local assessor or a local real estate agent for current millage rates for your target address.
Are there good restaurants in Troy?
Troy has a vibrant dining scene with options ranging from upscale fine dining to casual neighborhood favorites, coffee shops, and specialty eateries.

Community Q&A

Ask Daryl About Troy

Have a question about living in Troy? Ask our local expert — Daryl Wizinsky has 20+ years of Oakland County real estate experience.

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Questions are reviewed before posting. You'll receive an email when Daryl responds — typically within 24-48 hours.

Ready to Find Your Home in Troy?

Daryl Wizinsky & Associates has helped hundreds of families buy and sell homes across Oakland County. Let our team guide you through every step of the process.

(248) 716-6077 · Daryl@darylwizinsky.com · 101 W Big Beaver Rd, Suite 14, Troy, MI 48307 · Licensed with LPT Realty

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Live MLS Data

Current Homes for Sale in Troy, MI

Listings below are pulled live from the MLS and updated daily. Use filters to search by bedrooms, bathrooms, price, and more.

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