Housing in Troy, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$253,000

Median List Price

$259,000

Price Per Sq Ft

$131

Days on Market

26

Active Inventory

49

Months of Supply

1.4

Seller's market

Zillow Home Value

$278,262

ZHVI — January 2026

Zillow Rent Index

$1,424

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 26.5%List Price 22.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

28.6%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

99.0%

Buyer's market

Sold Above Asking
28.6%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
38.8%

Market Activity

Source: Redfin

Homes Sold

35

New Listings

17

Pending Sales

35

Homes Sold 20.5%New Listings 78.2%Pending 38.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$131

Median List $/SF

$134

Sale $/SF 35.1%List $/SF 34.0%Mar 24Jan 26

Troy vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 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

$192,500

Median Rent

$1,134

Total Housing Units

25,066

Vacancy Rate

14.9%

Owner Occupied

36.8%

Renter Occupied

63.2%

Median Property Tax

$4,840

per year

Monthly Cost (w/ Mortgage)

$1,272

Housing Types

Single Family
28.6%
Multi-Family
70.8%
Mobile Home
0.6%

The current median sale price in Troy, NY is $253,000 according to Redfin data. Homes spend a median of 26 days on the market. 28.6% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $131. Zillow's observed rent index is $1,424/month. About 36.8% of housing units are owner-occupied. The median year homes were built is 1938. There are 25,066 total housing units.