Troy, Mi

Population: 83,107
Average annual home appreciation rate: 12.94%
Total of homes for sale in this market: 104
Median home price: $287,513
Median Rent: $1,182
Home price range: 33.80% between $131,001 – $262,000
Median sales price: $255,000
Number of homes: 90
Median foreclosure sales price: $135,950
Foreclosure discount: 46.7%
Most common home type: 71.86% single family detached
Number of vacant homes: 5.61%
Number of renters: 25.30%
Number of owner occupied: 74.70%
Number people living below poverty level: 7.16%
Unemployment rate: 3.70%
Is this area perfect for real estate deals going on right now?

Leave a Reply

Your email address will not be published. Required fields are marked *