The median home value in Troy, MI is $337,500. This is higher than the county median home value of $285,000. The national median home value is $308,980. The average price of homes sold in Troy, MI is $337,500. Approximately 72% of Troy homes are owned, compared to 23% rented, while 6% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Troy real estate agent to arrange a tour today! Learn more about Troy Real Estate.