$270,415Average Value$193Average Price per Sq Ft65Homes For Sale
An expanding exurb that’s still lighter on the wallet
Troy is a city that continues to grow as residential interest fans out to the St. Louis metro area’s northern and western outskirts. This Missouri community of about 14,600 is more suburban than urban, a place where yard space and quiet blocks are standard. Yet it’s also a community with an array of both local businesses and well-known chains. The housing options here range from homes built in the late 19th century to those built in recent years. The quality they share is that they tend to sell at prices that are cheaper on average than some other suburbs in the region. That is one of the biggest draws to the area. “You can get a bit more for your money in Troy,” says Realtor Angie Harness of Angie Harness Consulting by Keller Williams, who has 10 years of industry experience.
Troy is a growing community with a little of everything.
Mustand Sally's has been a popular bar on Troy's main street since 2006.
Troy residents can get a newer home for less than in other suburban areas.
The City of Troy offers a small town with the convenience of a city.
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Housing market comes with opportunity
Troy’s pricing accessibility doesn’t preclude variety. Homebuyers can find everything from classic 19th century Victorians to midcentury ranch-style houses to modern new traditional options around this city, which is the seat of Lincoln County. The area’s older homes sell for $135,000 to $300,000, while newer houses typically cost $230,000 to $400,000. “I just sold a home that’s on 10 acres,” Harness says. “So then there’s the opportunity, if you want land, to be able to find land that is maybe more affordable than in St. Charles County.” Properties around Troy sell for $317,337 on average, about 42% less than the national average.
Victorian style homes built in the late 19th century can be found in Troy.
Mid-century modern homes offered modern materials that were easy to care for in Troy.
New Traditional homes that were recently built are a plentiful option for residents in Troy.
The Troy housing market seems to have something for everyone.
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Toyota plant takes the lead in local industry
Manufacturing is a key part of the area’s economy, thanks largely to the city’s 550,000-square-foot Toyota Motor Manufacturing facility. The plant employs over 1,000 people and produces cylinder heads for Toyota motors, processing some 80 million pounds of aluminum each year. Witte Bros. Exchange, a refrigerated foods logistics company, is another major company in Troy, employing over 300 people. There’s also a General Motors plant with nearly 4,600 employees in the city of Wentzville, 17 miles south.
A Toyota Motor Manufacturing facility is located at 100 Cherry Blossom Way in Troy.
Witte Bros. Exchange is a major company in Troy, employing over 300 people.
Just 17 miles south of Troy is a General Motors plant with nearly 4,600 employees.
Troy's commercial hub sits along Hwy. 47 with big box and chain stores.
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Lincoln County schools keep student-teacher ratios low
The Lincoln County R-III School District, which has a B overall grade on Niche, is the city's public school system. The district includes over 7,000 students, yet the student-teacher ratio averages out to 14-to-1 across the system's 14 campuses.
Troy Holiness School, which includes kindergarten through 12th grade, and Sacred Heart Catholic School, where there’s preschool to eighth grade, are private religious options.
Ranken Technical College also has a campus in Troy. The school offers programs in advanced precision machining, carpentry and building construction technology, and agricultural engineering technology.
Troy Buchanan High School has an extensive sports complex.
Main Street Elementary School serves students in the Troy community.
Troy Middle School serves students in the Troy community.
Troy Holiness School is not only a school, but also and camp and church.
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Commercial amenities come close by
The city’s population has grown about 38% since 2010, according to U.S. Census Bureau data. People here don’t have to leave the city for daily conveniences, whether grocery shopping or a cup of coffee. Troy’s Historic Downtown Business District is anchored by Main Street and is full of locally owned businesses, including multiple restaurants. “You have this historic-looking, old-timey, Midwestern town center with brick buildings, bars, shops and restaurants,” says Realtor and St. Louis native Jacob Peistrup, of Gateway Realty Group. There’s a cluster of big-box stores and chain restaurants along State Highway 47. The 25-bed Mercy Hospital Lincoln is in town as well, a facility whose services range from cardiology to imaging.
Mustand Sally's has been a popular bar on Troy's main street since 2006.
Shopping convenience can be found along Hwy. 47 in Troy.
Troy's historic downtown business district offers goods and services in addition to charm.
Mercy hospital sits just across the highway from downtown Troy.
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Cuivre River State Park is comfortably close
Downtown Troy is just 4 miles from the Cuivre River State Park, which stretches roughly 6,400-acres. “There’s lots of beautiful hiking trails,” Harness says, and the 12 trails stretch more than 40 miles. The 55-acre Lake Lincoln is part of the park and includes a boat launch and a beach open to swimming. Anglers can catch bass and catfish in the lake. The 28-acre Kiwanis Park, which opened in 2021 thanks to a $500,000 grant, is closer to Troy’s downtown and features a playground, splash pad and a trail.
Troy is also home to the Lincoln County Fairgrounds, the site of the Lincoln County Fair. Each July the fair features food vendors, rides, horse shows, tractor pulls, live music and more. Other annual events in town include Night of 1,000 Stars, a holiday celebration complete with carolers, a tree lighting and a visit from Santa and Mrs. Claus. Locals can expect seasonal weather at events like these in a region that swings from warm summers to cold winters.
Lake Lincoln in Troy offers swimming, boating and fishing to visitors of Cuivre River Park.
Miles of wild and rugged terrain beckons outdoor enthusiasts..
Every age can enjoy the Kiwanis Park playground.
The Lincoln County Fairgrounds is home to many annual cherished events in Troy.
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Locals can march through the region on Avenue of the Saints
U.S. Route 61, also known as the Avenue of the Saints, is the main highway in Troy. Route 61 takes drivers south to Interstate 64 for trips to St. Louis, 56 miles away. The St. Louis Lambert International Airport, which offers direct flights to more than 70 cities, is a 43-mile trip using Route 61 and Interstate 70. The nonprofit Operating Above the Standard Transit service, known as OATS Transit for short, provides a local bus service from Monday through Friday.
Crime
Troy’s rate of violent crime is much lower than the rates seen statewide and nationwide, according to the FBI’s Crime Data Explorer. The city has its own police department, with more than 30 officers. Troy is also served by Lincoln County Fire & Rescue and the Lincoln County Ambulance District.
Written By
Wayne Epps Jr.
Photography Contributed By
Ethan Babor
Video By
Jonathan Bradley
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GreatSchools:
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On average, homes in Troy, MO sell after 36 days on the market compared to the national average of 50 days. The median sale price for homes in Troy, MO over the last 12 months is $295,000, up 4% from the median home sale price over the previous 12 months.
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Located in the heart of Troy and part of the award-winning Lincoln County R-III School District! You will love these new construction 2 bedroom 2 bathroom 1,020 SQFT garden style apartments! These are currently available for pre leasing! Give us a call today to learn more!Brand new Construction! Offering 2 bedroom 2 bathroom garden style apartments! You will love these brand new 2 bedroom
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
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