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Median Home Price in Troy, MI

The median home value in Troy, MI is $472,471 as of 2026-06-30, up 2.56% from a year earlier.

Median Home Value

$472,471

Year-over-Year

+2.56%

Population

87,422

Troy ranks #18 of 149 Michigan cities tracked here by median home value, and sits 80.1% above the state's city median of $262,333. It sits in Oakland County, where the county-wide median is $376,424.

Crime in Troy

Troy police recorded a violent crime rate of 116 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,277 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Troy

How much does a house cost in Troy, MI?

The median home value in Troy is $472,471. That's up 2.56% from a year earlier. That is about 80.1% above the typical county in Michigan.

Is Troy expensive compared to the surrounding area?

Homes in Troy are more expensive than Oakland County as a whole, where the median is $376,424 — a difference of about 25.5%.

Is Troy a safe place to live?

Troy police reported 116 violent crimes per 100,000 residents, covering a population of about 87,422. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.