Housing in Troy, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$324,950
Median List Price
$234,900
Price Per Sq Ft
$155
Days on Market
53
Active Inventory
27
Months of Supply
3.4
Seller's market
Zillow Home Value
$317,501
ZHVI — January 2026
Zillow Rent Index
$1,251
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
22.2%
Sale-to-List Ratio
97.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$155
Median List $/SF
$167
Troy vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Troy is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$240,800
Median Rent
$1,060
Total Housing Units
4,591
Vacancy Rate
7.5%
Owner Occupied
67.5%
Renter Occupied
32.5%
Median Property Tax
$5,172
per year
Monthly Cost (w/ Mortgage)
$1,427
Housing Types
The current median sale price in Troy, IL is $324,950 according to Redfin data. Homes spend a median of 53 days on the market. 12.5% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $155. Zillow's observed rent index is $1,251/month. About 67.5% of housing units are owner-occupied. The median year homes were built is 1992. There are 4,591 total housing units.