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Troy

Troy

$252,748 Average Value
$186 Average Price per Sq Ft
69 Homes For Sale

Former industrial center aims for an artsy second act

Troy is a rectangular city that spans the banks of the Hudson River, sharing ties with Albany and Schenectady as part of the broader Capital Region. Over 50,000 people call this river city their home, often used by movie producers for its historic, regal Victorian architecture. " Downtown Troy is featured a lot in movies. The beautiful, old brownstone homes mimic portions of New York City, which is why there's a lot of filming here," says Brian Brosen, a licensed associate broker of 19 years and leader of The Capital Team. These homes often date back to the late 19th century, when Troy was a thriving industrial center. Today, Troy is widely regarded as a place where art and culture flourish. New residents have arrived, drawn to the city's walkable and visually appealing downtown, dotted with galleries and cafes. Advertising and architecture firms occupy historic buildings, while other sectors like healthcare and education are some of the area's largest employers. Community events, like a monthly art walk, continue to bring people to the downtown core.

A view of historic downtown Troy facing the Hudson River.
A view of historic downtown Troy facing the Hudson River.
The soldiers and sailors monument honoring past wartimes in Troy, NY.
The soldiers and sailors monument honoring past wartimes in Troy, NY.
The music hall of Troy has had legendary performance dating back to the 1800's.
The music hall of Troy has had legendary performance dating back to the 1800's.
South Central Troy is popular for the neat and tidy homes that line the city streets.
South Central Troy is popular for the neat and tidy homes that line the city streets.
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Historic 19th-century and classic 20th-century homes

The intricate Victorian and Belle Epoque architecture that attracts entertainment crews to Troy is also a magnet for homebuyers. Many of these homes feature iron gates, railings and window grilles sourced from the city's local iron production. Stone accents are common, too. Historic rowhouses, with colonial-style and Greek Revival features, surround downtown. Perhaps most intriguing is the frequent appearance of Tiffany glass.

Prices for homes near the waterfront, such as those along Second Avenue, range from mid $200,000s to mid $300,000s. Investment properties, like four-bedroom bungalows that need some TLC can sell in the low $100,000s. As homebuyers move east from the city center, urban streets give way to suburban streets with detached single-family homes with roomy lots, driveways and attached garages. Properties here include a mix of Cape Cods, Colonial Revivals, bungalows, bi-level, split-level and ranch-style homes priced from the mid $200,000s to the mid $500,000s.

A beautiful Victorian home with a lovely porch in Troy, NY.
A beautiful Victorian home with a lovely porch in Troy, NY.
In downtown Troy you can find well-crafted turn-of-the-century brownstones and apartments.
In downtown Troy you can find well-crafted turn-of-the-century brownstones and apartments.
Just outside downtown single family homes in multiple styles can be found.
Just outside downtown single family homes in multiple styles can be found.
A Colonial home with a lovely side porch in Troy, NY.
A Colonial home with a lovely side porch in Troy, NY.
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Public schools and higher education in Troy

The Troy City School District enrolls 3,600 students and scores an overall B rating from Niche. Students at Troy High School can earn over 30 hours of college credit through dual enrollment and Advanced Placement courses. The city is also known for the Emma Williard School, an all-girls private boarding and day school that's been lauded as the best private school in upstate New York.

Established in 1824, Rensselaer Polytechnic Institute is one of the country's oldest engineering and technical colleges. The institute has an Experimental Media and Performing Arts Center, which promotes avant-garde artists, bolstering Troy's reputation as a small but potent cultural center. Hudson Valley Community College enrolls 10,000 students, while Russell Sage College in Downtown Troy offers a 10-acre campus dotted with historic brownstones, courtyards, walled gardens and Victorian flourishes. The city's public library also stands out with its Italian Renaissance façade carved from white marble.

With a grand entrance Troy Middle School will make your child feel like they made it.
With a grand entrance Troy Middle School will make your child feel like they made it.
An overview of the Troy High School and Middle School campus.
An overview of the Troy High School and Middle School campus.
PS 14 serves students from Pre K to through elementary.
PS 14 serves students from Pre K to through elementary.
Susan Odell Taylor School is an independent, progressive school K-8th grade.
Susan Odell Taylor School is an independent, progressive school K-8th grade.
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Revitalizing downtown with arts, culture and food

The Arts Center of the Capital Region anchors the city, offering free, rotating art exhibitions, art classes and community events. Over 150 courses are offered each season, ranging from pottery to watercolor illustration. The Troy Savings Bank Music Hall is another major player in the art scene. This former bank-turned-music hall is a National Historic Landmark known for its acoustics and 19th-century concert organ.

Music pours into the streets every July with the Troy Riverfest, one of the many cultural events defining Troy's new identity. There's also Rockin' on the River, a summer outdoor concert series. Subcultures are celebrated, too, like at The Enchanted City festival, which caters to the steampunk movement. Crowds flock to River Street for the city's weekly farmers market. Throughout the winter, the market moves indoors at the neighboring Troy Atrium. Troy Night Out occurs on the last Friday of every month when crowds flock downtown to enjoy shops, performances and restaurants.

Locally owned restaurants include cozy cafes, casual eateries and upscale restaurants. Global flavors include American, Greek, Italian, Lebanese, Chinese, Mexican and Caribbean. But a distinct, recurring feature of Troy is its many bakeries, brunch spots and cafes. There's also a popular brewery scene that fosters the hip, entrepreneurial spirit that Troy is becoming known for. Smaller, more intimate cocktail bars and wine bars are also represented in local nightlife.

With a beautiful and heated back space at Little Pecks.
With a beautiful and heated back space at Little Pecks.
At the Art Center in Troy, NY you can take many forms of classes and use their workshops.
At the Art Center in Troy, NY you can take many forms of classes and use their workshops.
Held on the weekends is the farmers market in this fresh location.
Held on the weekends is the farmers market in this fresh location.
Troy New York is a history rich town that was the backbone of helping America win the great wars
Troy New York is a history rich town that was the backbone of helping America win the great wars
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A delightful mix of parks big and small

Prospect Park is the city's crown jewel. Eighty acres of green space feature wooded trails leading to a summit that offers sweeping views of the city. Athletic facilities include a soccer field, plus courts for tennis, handball and basketball. Then there's the Uncle Sam Trail, a 7-mile flat path with paved stretches. William D. Chamberlain Riverfront Park is one of two green spaces along the Hudson. This small 4.4-acre park is a gathering place for summertime concert series, afternoon picnics and tranquil city escapes.

Riverfront Park in Troy, NY is the gateway of the city and the Hudson River.
Riverfront Park in Troy, NY is the gateway of the city and the Hudson River.
Frear Park has a golf course, playgrounds, hiking, picnic and much more in Troy, NY.
Frear Park has a golf course, playgrounds, hiking, picnic and much more in Troy, NY.
One of the four main gates to enter the private Washington Park.
One of the four main gates to enter the private Washington Park.
There is a full frisbee golf course at Prospect Park.
There is a full frisbee golf course at Prospect Park.
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Abundant transportation options

Walkability is a prime feature of Troy, with abundant sidewalks that allow pedestrians to take in the historic architecture. Public transit is available, with bus routes along U.S. Route 4, the city's main thoroughfare. Commuters can hop on the rapid bus transit line, which leads about 8 miles south to Albany and the Albany-Rensselaer Amtrak Station. U.S. Route 7 leads to the Collar City Bridge, while U.S. Route 2 leads to the Congress Street Bridge. Both are widely used east-west corridors in Troy. Other thoroughfares include Interstate 87, which leads to New York City, 160 miles south, and Montreal, Canada, 215 miles north. Samaritan Hospital is the primary healthcare facility in the city, in addition to the nearby St. Mary's Campus.

Important to know

Troy has all four seasons, with summer being humid and wet, while winter can be quite snowy – the city receives up to 51 inches of snow a year. Since the Hudson River is a prominent feature of Troy, flash flooding can be a concern during intense thunderstorms.

According to FBI crime data, approximately 2,617 crimes were reported in 2023, with property crimes accounting for the most frequently reported incidents. About 1,107 violent crimes were reported. However, gun violence declined in 2023 compared to the previous year. Many of those shootings occurred during the stretch from July to September – generally considered the muggiest part of the year in Troy.

Lillie Duston
Written By
Lillie Duston
Brandon Schulman
Photography Contributed By
Brandon Schulman
Emily McNamara
Video By
Emily McNamara

Interested in learning more about homes in this area? Reach out to Heather Casaw, an experienced agent 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

Parks in this Area

Troy Housing Trends

Housing Trends

Median List Price
$279,000
Median Sale Price
$281,244
Median Single Family Sale Price
$280,000
Median Townhouse Sale Price
$335,000
Median 2 Bedroom Sale Price
$265,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
449
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$186

Area Facts

Number of Homes in Neighborhood
13,530
Number of Homes for Sale
69
Median Year Built
1940
Months of Supply
1.80
Average Single Family Home Size Sq Ft
1,628
Below the national average
1,925
Average Townhouse Size Sq Ft
2,217
Average 2 Bedroom Size Sq Ft
1,382
Median Lot Size Sq Ft
10,018

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Troy

Property Mix - Square Feet

Troy Has More Renters

Demographics

Total Population
50,489
Median Age
34
Population Density
12 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
14.4%
On par with the national average
19.1%

Finances

Median Household Income
$61,403
Below the national average
$71,702
Average Household Income
$80,633

Education and Workforce

High School Graduates
87.5%
College Graduates
32.4%
On par with the national average
34.1%
Advanced Degrees
13.5%
% Population in Labor Force
60.7%
On par with the national average
65.1%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
42''

Area Factors

Somewhat Bikeable

Bike Score®®

38 / 100

Somewhat Walkable

Walk Score®®

62 / 100

Some Transit

Transit Score®®

45 / 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