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Troy

Troy

Located in Lincoln County

$273,233 Average Value
$203 Average Price per Sq Ft
13 Homes 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Troy Buchanan High School has an extensive sports complex.
Main Street Elementary School serves students in the Troy community.
Main Street Elementary School serves students in the Troy community.
Troy Middle 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.
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.
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.
Shopping convenience can be found along Hwy. 47 in Troy.
Troy's historic downtown business district offers goods and services in addition to charm.
Troy's historic downtown business district offers goods and services in addition to charm.
Mercy hospital sits just across the highway from downtown Troy.
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.
Lake Lincoln in Troy offers swimming, boating and fishing to visitors of Cuivre River Park.
Miles of wild and rugged terrain beckons outdoor enthusiasts..
Miles of wild and rugged terrain beckons outdoor enthusiasts..
Every age can enjoy the Kiwanis Park playground.
Every age can enjoy the Kiwanis Park playground.
The Lincoln County Fairgrounds is home to many annual cherished events in Troy.
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.

Wayne Epps Jr.
Written By
Wayne Epps Jr.
Photography Contributed By
Ethan Babor
Jonathan Bradley
Video By
Jonathan Bradley

Interested in learning more about homes in this area? Reach out to Stacey Blondin, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Troy Housing Trends

Housing Trends

Median List Price
$354,950
Median Sale Price
$310,000
Median Single Family Sale Price
$317,500
Median Change From 1st List Price
2%
Last 12 months Home Sales
184
Median Home Sale Price YoY Change
13%
Average Price Per Sq Ft
$203

Neighborhood Facts

Number of Homes in Neighborhood
2,992
Number of Homes for Sale
13
Median Year Built
1996
Months of Supply
0.80
Average Single Family Home Size Sq Ft
1,342
Significantly below the national average
1,924
Average 2 Bedroom Size Sq Ft
1,350
Median Lot Size Sq Ft
11,325

Open Houses

  • 412 Penrod Rd, Troy, MO 63379

    $1,035,071

    • 412 Penrod Rd
    • New 7 days ago

    This opportunity has it all! Unrestricted 46+/- acres with three dwellings, two ponds, a barn & a 60x24 detached metal building. 25+ Acres of the land is tillable and is currently being farmed. You could divide this property up for optimal investment and sell off the residences, make them flip projects bringing more return on your investment, hold them all for rentals, live in one and rent out

    Agent Photo
    Stacey Blondin
    Main St. Real Estate
    (636) 556-7428
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  • 2 Greenview Ct, Troy, MO 63379

    $99,500

    • 2 Greenview Ct
    • New 3 days ago

    Explore this stunning 3+ acre lot in the peaceful Lake Forest subdivision! With multiple prime spots to build your dream home, this property offers endless potential. Electricity and a community well are readily available, making it easy to begin your project. Bring your builder and plans today, and start turning your vision into a beautiful reality!

    Michael Mesey Magnolia Real Estate

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  • 139 Red Hawk Ridge Dr, Troy, MO 63379

    $475,000

    • 5 Beds
    • 3 Baths
    • 3,263 Sq Ft
    • 139 Red Hawk Ridge Dr
    • New 4 days ago

    WELCOME TO THIS STUNNING VAULTED ATRIUM RANCH ON 3 PRIVATE ACRES W/POND IN SOUGHT-AFTER TROY SCHOOLS*ENJOY EVERY SEASON W/AMAZING OUTDOOR VIEWS & DEER WATCHING FROM FLR-TO-CLG 2-STORY ATRIUM WDWS & MULTIPLE DECKING INCLUDING NEWLY WATERPROOFED COVERED UNDERDECK FOR WATCHING THE RAIN FALL*THERE IS A BRIGHT OPEN VAULTED GREAT RM W/GAS FP*OPEN STAIRWAY TO BEAUTIFULLY FINISHED WALK-OUT LL*WONDERFUL

    John Hartman Realty Executives of St. Louis

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Troy Has More Owners

Demographics

Total Population
12,651
Median Age
36
Population under 18
28.2%
On par with the national average
23.8%
Population over 65
15.2%
On par with the national average
19.1%

Finances

Median Household Income
$71,279
On par with the national average
$71,702
Average Household Income
$79,903

Education and Workforce

High School Graduates
93.3%
College Graduates
17.9%
Below the national average
34.1%
Advanced Degrees
5.2%
Below the national average
13.3%
% Population in Labor Force
69.4%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
22°F
Average Summer High Temperature
89°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®®

19 / 100

Car-Dependent

Walk Score®®

21 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Troy
Stacey Blondin
Main St. Real Estate
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