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3 bed, 2.0 bath, -- sqft
The median list price per square foot in Troy is $98, which is higher than the Troy Metro average of $95. The median price of homes currently listed in Troy is $174,900 while the median price of homes that sold is $150,000. The median rent price in Troy is $600, which is the same as the Troy Metro median of $600.
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Troy is 2.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Troy homeowners underwater on their mortgage is 25.1%.more