New Troy, MI

Leaning buyer's

Housing market overview · Updated weekly

$175,000median sale price

Homes sold

1

Last 12 weeks

Days on market

47

Average pace

Active listings

Sale-to-list

92.2%

Below asking

New Troy, MI housing market analysis

The New Troy housing market is currently classified as a leaning buyer's with a median sale price of $175,000. Homes in New Troy spend an average of 47 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.

Whether you're a first-time homebuyer evaluating New Troy as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare New Troy with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.

Market trends

Zip codes in New Troy, MI

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Frequently asked questions

What is the average home price in New Troy?

The median home sale price in New Troy is $175,000, down 0.0% from last year.

How long do homes stay on market in New Troy?

Homes typically spend 47 days on market before going under contract.

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