Troy, MI Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Troy, MI.
Average buy price
$232.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.70 / sqft / month
Monthly rent per square foot.
Median home price
$435,739
Estimated median residential sale price.
Median monthly rent
$2,342
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 15.9% over the last 5 years.
Rent price development
Rent prices have increased by about 23.0% over the last 5 years.
Submitted values in Troy
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Rent | duplex | $1.43 / sqft | 1,475 sqft | $2,109 | Sylvan Glen 48083 |
| 2026-07-01 | Rent | townhouse | $1.59 / sqft | 1,760 sqft | $2,798 | Wattles Creek 48085 |
| 2026-06-30 | Rent | condo | $1.76 / sqft | 1,245 sqft | $2,191 | Northfield Hills 48085 |
| 2026-06-27 | Rent | luxury apartment | $2.15 / sqft | 1,045 sqft | $2,247 | Somerset 48084 |
| 2026-06-24 | Buy | condo | $236.00 / sqft | 1,505 sqft | $355,180 | Coolidge/Maple 48084 |
| 2026-06-22 | Buy | single-family home | $255.00 / sqft | 3,020 sqft | $770,100 | Emerald Lakes 48098 |
| 2026-06-20 | Rent | multi-family home | $1.34 / sqft | 1,650 sqft | $2,211 | Maple Road 48083 |
| 2026-06-18 | Rent | townhouse | $1.62 / sqft | 1,885 sqft | $3,054 | Northfield Hills 48085 |
| 2026-06-18 | Rent | apartment | $1.69 / sqft | 955 sqft | $1,614 | Vandenburgh Place 48083 |
| 2026-06-17 | Rent | apartment | $1.58 / sqft | 840 sqft | $1,327 | Crooks Road Corridor 48083 |
| 2026-06-16 | Buy | condo | $229.00 / sqft | 1,588 sqft | $363,652 | Coolidge/Maple 48084 |
| 2026-06-15 | Rent | single-family home | $1.52 / sqft | 2,395 sqft | $3,640 | Beach Forest 48098 |
| 2026-06-14 | Buy | single-family home | $263.00 / sqft | 3,375 sqft | $887,625 | Windmill Pointe 48098 |
| 2026-06-10 | Rent | townhouse | $1.68 / sqft | 1,580 sqft | $2,654 | Raintree Village 48085 |
| 2026-06-09 | Buy | townhouse | $228.00 / sqft | 1,435 sqft | $327,180 | Big Beaver Corridor 48084 |
| 2026-06-07 | Rent | luxury apartment | $2.42 / sqft | 735 sqft | $1,779 | Big Beaver Corridor 48084 |
| 2026-06-05 | Buy | townhouse | $241.00 / sqft | 2,070 sqft | $498,870 | Wattles Creek 48085 |
| 2026-06-05 | Buy | multi-family home | $188.00 / sqft | 3,180 sqft | $597,840 | Maple Road 48083 |
| 2026-06-01 | Rent | single-family home | $1.38 / sqft | 2,310 sqft | $3,188 | Beach Forest 48085 |
| 2026-05-29 | Rent | apartment | $1.72 / sqft | 760 sqft | $1,307 | Crooks Road Corridor 48083 |
| 2026-05-24 | Buy | multi-family home | $194.00 / sqft | 3,440 sqft | $667,360 | Maple Road 48083 |
| 2026-05-24 | Buy | single-family home | $205.00 / sqft | 1,965 sqft | $402,825 | Crooks Road Corridor 48083 |
| 2026-05-23 | Buy | single-family home | $251.00 / sqft | 2,875 sqft | $721,625 | Windmill Pointe 48098 |
| 2026-05-23 | Buy | single-family home | $271.00 / sqft | 3,980 sqft | $1,078,580 | Long Lake 48098 |
| 2026-05-23 | Rent | condo | $1.88 / sqft | 1,120 sqft | $2,106 | Coolidge/Maple 48084 |
| 2026-05-22 | Rent | luxury apartment | $2.28 / sqft | 1,180 sqft | $2,690 | Big Beaver Corridor 48084 |
| 2026-05-22 | Rent | apartment | $2.32 / sqft | 515 sqft | $1,195 | Downtown Troy 48084 |
| 2026-05-20 | Buy | duplex | $202.00 / sqft | 2,360 sqft | $476,720 | Sylvan Glen 48083 |
| 2026-05-19 | Rent | apartment | $1.91 / sqft | 890 sqft | $1,700 | The Smart Zone 48084 |
| 2026-05-18 | Buy | luxury apartment | $246.00 / sqft | 1,085 sqft | $266,910 | The Smart Zone 48084 |
| 2026-05-17 | Rent | apartment | $2.05 / sqft | 610 sqft | $1,251 | Somerset 48084 |
| 2026-05-15 | Buy | townhouse | $219.00 / sqft | 1,845 sqft | $404,055 | Raintree Village 48085 |
| 2026-05-13 | Buy | condo | $224.00 / sqft | 1,215 sqft | $272,160 | Somerset 48084 |
| 2026-05-11 | Buy | single-family home | $226.00 / sqft | 2,460 sqft | $555,960 | Wattles Creek 48085 |
| 2026-05-07 | Buy | townhouse | $231.00 / sqft | 1,690 sqft | $390,390 | Northfield Hills 48085 |
| 2026-05-04 | Buy | condo | $217.00 / sqft | 1,325 sqft | $287,525 | Troy Estates 48083 |
| 2026-04-27 | Rent | apartment | $1.83 / sqft | 705 sqft | $1,290 | Vandenburgh Place 48083 |
| 2026-04-20 | Rent | single-family home | $1.50 / sqft | 2,025 sqft | $3,038 | Long Lake 48098 |
| 2026-04-20 | Buy | single-family home | $238.00 / sqft | 2,180 sqft | $518,840 | Troy Historic Village 48083 |
| 2026-04-18 | Buy | single-family home | $218.00 / sqft | 1,740 sqft | $379,320 | Downtown Troy 48083 |
| 2026-04-16 | Buy | single-family home | $267.00 / sqft | 4,210 sqft | $1,124,070 | Long Lake 48098 |
| 2026-04-15 | Rent | loft | $2.10 / sqft | 795 sqft | $1,670 | The Smart Zone 48084 |
| 2026-04-15 | Rent | single-family home | $1.46 / sqft | 2,185 sqft | $3,190 | Emerald Lakes 48098 |
| 2026-04-12 | Rent | duplex | $1.40 / sqft | 1,540 sqft | $2,156 | Wattles Creek 48085 |
| 2026-04-11 | Buy | condo | $212.00 / sqft | 940 sqft | $199,280 | Downtown Troy 48083 |
| 2026-04-10 | Rent | loft | $2.18 / sqft | 680 sqft | $1,482 | Big Beaver Corridor 48084 |
| 2026-04-09 | Rent | condo | $1.94 / sqft | 1,005 sqft | $1,950 | Somerset 48084 |
| 2026-04-09 | Buy | single-family home | $232.00 / sqft | 2,265 sqft | $525,480 | Raintree Village 48085 |
| 2026-04-09 | Buy | duplex | $199.00 / sqft | 2,140 sqft | $425,860 | Sylvan Glen 48083 |
| 2026-04-05 | Buy | single-family home | $244.00 / sqft | 2,740 sqft | $668,560 | Beach Forest 48098 |
| 2025-08-01 | Rent | single-family home | $1.55 / sqft / month | 2,360 sqft | $3,658 | Beach Forest 48098 |
| 2025-03-26 | Buy | townhouse | $226.00 / sqft | 1,880 sqft | $424,880 | Wattles Creek 48085 |
| 2024-11-01 | Rent | luxury apartment | $2.05 / sqft / month | 990 sqft | $2,030 | Big Beaver Corridor 48084 |
| 2024-06-10 | Buy | single-family home | $224.00 / sqft | 3,025 sqft | $677,600 | Long Lake 48098 |
| 2023-09-01 | Rent | townhouse | $1.48 / sqft / month | 1,690 sqft | $2,501 | Northfield Hills 48085 |
| 2023-04-19 | Buy | condo | $207.00 / sqft | 1,360 sqft | $281,520 | Downtown Troy 48083 |
| 2022-10-01 | Rent | apartment | $1.68 / sqft / month | 810 sqft | $1,361 | Somerset 48084 |
| 2022-06-28 | Buy | single-family home | $212.00 / sqft | 2,380 sqft | $504,560 | Raintree Village 48085 |
| 2021-08-01 | Rent | single-family home | $1.26 / sqft / month | 2,220 sqft | $2,797 | Emerald Lakes 48098 |
| 2021-05-13 | Buy | townhouse | $195.00 / sqft | 1,810 sqft | $352,950 | Wattles Creek 48085 |
| 2020-12-01 | Rent | apartment | $1.45 / sqft / month | 875 sqft | $1,269 | Vandenburgh Place 48083 |
| 2020-07-16 | Buy | single-family home | $181.00 / sqft | 2,650 sqft | $479,650 | Troy Historic Village 48083 |
| 2019-09-01 | Rent | condo | $1.42 / sqft / month | 1,185 sqft | $1,683 | The Smart Zone 48084 |
| 2019-04-30 | Buy | condo | $176.00 / sqft | 1,425 sqft | $250,800 | Somerset 48084 |
| 2018-10-01 | Rent | townhouse | $1.28 / sqft / month | 1,620 sqft | $2,074 | Raintree Village 48085 |
| 2018-06-06 | Buy | single-family home | $171.00 / sqft | 2,950 sqft | $504,450 | Windmill Pointe 48098 |
| 2017-08-01 | Rent | luxury apartment | $1.55 / sqft / month | 930 sqft | $1,442 | Big Beaver Corridor 48084 |
| 2017-05-24 | Buy | townhouse | $164.00 / sqft | 1,740 sqft | $285,360 | Northfield Hills 48085 |
| 2016-11-01 | Rent | apartment | $1.32 / sqft / month | 850 sqft | $1,122 | Crooks Road Corridor 48083 |
| 2016-07-12 | Buy | single-family home | $158.00 / sqft | 2,450 sqft | $387,100 | Beach Forest 48085 |
| 2015-09-01 | Rent | single-family home | $1.08 / sqft / month | 2,060 sqft | $2,225 | Long Lake 48098 |
| 2015-04-14 | Buy | condo | $148.00 / sqft | 1,330 sqft | $196,840 | Downtown Troy 48083 |
| 2014-12-01 | Rent | condo | $1.16 / sqft / month | 1,210 sqft | $1,404 | Coolidge/Maple 48084 |
| 2014-06-25 | Buy | single-family home | $139.00 / sqft | 2,740 sqft | $380,860 | Emerald Lakes 48098 |
| 2013-08-01 | Rent | apartment | $1.20 / sqft / month | 790 sqft | $948 | Somerset 48084 |
| 2013-05-17 | Buy | townhouse | $128.00 / sqft | 1,625 sqft | $208,000 | Big Beaver Corridor 48084 |
| 2012-10-01 | Rent | townhouse | $1.02 / sqft / month | 1,490 sqft | $1,520 | Raintree Village 48085 |
| 2012-03-29 | Buy | single-family home | $118.00 / sqft | 2,050 sqft | $241,900 | Wattles Creek 48085 |
| 2011-11-01 | Rent | duplex | $0.96 / sqft / month | 1,420 sqft | $1,363 | Sylvan Glen 48083 |
| 2011-06-02 | Buy | condo | $112.00 / sqft | 1,275 sqft | $142,800 | Northfield Hills 48085 |
| 2010-07-01 | Rent | apartment | $1.08 / sqft / month | 830 sqft | $896 | Vandenburgh Place 48083 |
| 2010-04-09 | Buy | single-family home | $115.00 / sqft | 2,460 sqft | $282,900 | Maple Road 48083 |
| 2009-09-01 | Rent | condo | $1.00 / sqft / month | 1,180 sqft | $1,180 | Coolidge/Maple 48084 |
| 2009-05-21 | Buy | townhouse | $119.00 / sqft | 1,585 sqft | $188,615 | The Smart Zone 48084 |
| 2008-12-01 | Rent | single-family home | $0.94 / sqft / month | 1,950 sqft | $1,833 | Windmill Pointe 48098 |
| 2008-08-15 | Buy | single-family home | $126.00 / sqft | 2,320 sqft | $292,320 | Raintree Village 48085 |
| 2007-10-01 | Rent | apartment | $1.05 / sqft / month | 740 sqft | $777 | Crooks Road Corridor 48083 |
| 2007-04-18 | Buy | condo | $134.00 / sqft | 1,390 sqft | $186,260 | Downtown Troy 48083 |
| 2006-09-01 | Rent | townhouse | $1.02 / sqft / month | 1,510 sqft | $1,540 | Wattles Creek 48085 |
| 2006-06-23 | Buy | single-family home | $142.00 / sqft | 3,100 sqft | $440,200 | Long Lake 48098 |
| 2005-11-01 | Rent | luxury apartment | $1.12 / sqft / month | 980 sqft | $1,098 | Somerset 48084 |
| 2005-05-03 | Buy | townhouse | $136.00 / sqft | 1,660 sqft | $225,760 | Big Beaver Corridor 48084 |
| 2004-08-01 | Rent | condo | $0.96 / sqft / month | 1,220 sqft | $1,171 | Northfield Hills 48085 |
| 2004-07-19 | Buy | single-family home | $131.00 / sqft | 2,850 sqft | $373,350 | Beach Forest 48098 |
| 2003-12-01 | Rent | apartment | $0.98 / sqft / month | 880 sqft | $862 | Somerset 48084 |
| 2003-04-07 | Buy | duplex | $118.00 / sqft | 2,100 sqft | $247,800 | Sylvan Glen 48083 |
| 2002-09-01 | Rent | single-family home | $0.82 / sqft / month | 1,850 sqft | $1,517 | Emerald Lakes 48098 |
| 2002-06-11 | Buy | single-family home | $122.00 / sqft | 2,150 sqft | $262,300 | Troy Historic Village 48083 |
| 2001-10-01 | Rent | townhouse | $0.88 / sqft / month | 1,430 sqft | $1,258 | Raintree Village 48085 |
| 2001-03-27 | Buy | condo | $116.00 / sqft | 1,240 sqft | $143,840 | Coolidge/Maple 48084 |
| 2000-08-01 | Rent | apartment | $0.92 / sqft / month | 820 sqft | $754 | Vandenburgh Place 48083 |
| 2000-05-16 | Buy | single-family home | $113.00 / sqft | 2,600 sqft | $293,800 | Windmill Pointe 48098 |
| 1999-11-01 | Rent | condo | $0.86 / sqft / month | 1,125 sqft | $968 | Long Lake 48098 |
| 1999-06-30 | Buy | townhouse | $103.00 / sqft | 1,580 sqft | $162,740 | Northfield Hills 48085 |
| 1998-07-01 | Rent | apartment | $0.84 / sqft / month | 690 sqft | $580 | The Smart Zone 48084 |
| 1998-04-22 | Buy | single-family home | $101.00 / sqft | 1,980 sqft | $199,980 | Maple Road 48083 |
| 1997-09-01 | Rent | single-family home | $0.68 / sqft / month | 1,700 sqft | $1,156 | Beach Forest 48085 |
| 1997-05-09 | Buy | condo | $90.00 / sqft | 1,320 sqft | $118,800 | Downtown Troy 48083 |
| 1996-12-01 | Rent | condo | $0.78 / sqft / month | 1,050 sqft | $819 | Somerset 48084 |
| 1996-07-26 | Buy | single-family home | $92.00 / sqft | 2,400 sqft | $220,800 | Emerald Lakes 48098 |
| 1995-10-01 | Rent | duplex | $0.70 / sqft / month | 1,350 sqft | $945 | Sylvan Glen 48083 |
| 1995-03-18 | Buy | townhouse | $84.00 / sqft | 1,450 sqft | $121,800 | Raintree Village 48085 |
| 1994-08-01 | Rent | apartment | $0.75 / sqft / month | 910 sqft | $683 | Big Beaver Corridor 48084 |
| 1994-06-12 | Buy | single-family home | $88.00 / sqft | 2,200 sqft | $193,600 | Long Lake 48098 |
| 1993-11-01 | Rent | townhouse | $0.69 / sqft / month | 1,250 sqft | $863 | Wattles Creek 48085 |
| 1993-04-20 | Buy | condo | $76.00 / sqft | 1,180 sqft | $89,680 | Somerset 48084 |
| 1992-09-01 | Rent | apartment | $0.72 / sqft / month | 760 sqft | $547 | Crooks Road Corridor 48083 |
| 1992-05-14 | Buy | single-family home | $82.00 / sqft | 1,850 sqft | $151,700 | Troy Estates 48083 |
Housing market overview for Troy, MI
The real estate market in Troy, MI can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $232.00 / sqft and an average rent of $1.70 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Troy?
The average residential buy price in Troy, MI is $232.00 / sqft based on the current values available on this page.
How much is rent per square foot in Troy?
The average rental price in Troy, MI is $1.70 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Troy increasing?
Buy prices have increased by about 15.9% over the last 5 years. Rent prices have increased by about 23.0% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.