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Troy

Troy

Located in Miami County

$250,842 Average Value
$167 Average Price per Sq Ft
57 Homes For Sale

An early boom brought high quality of life

Ambitiously named after the Greek city-state, Troy has made its mark since its founding in 1808, just five years after Ohio became a state. The city's strategic location along the Great Miami River led to an early manufacturing industry explosion and population increases. Industries like Collins Aerospace, Clopay Corporation and F&P America Manufacturing still employ over 3,000 residents in the city today. Revitalization programs bring new life to the city's core and maintain a relatively low cost of living. "People always say where they choose to live is the best place, but we have unparalleled quality of life here," says Joseph Graves, president of the Troy Area Chamber of Commerce. "The city is well taken care of, and people have a lot of pride in their homes and community."

Housing programs preserve historic designs

Neighborhoods have a wide range of architectural styles. Around downtown, bungalows and American Foursquares sit beside Victorian, Dutch Colonial and Tudor homes. Larger outskirt subdivisions feature New Traditional and ranch-style homes. "New construction has slowed with increasing rates, but we still have a healthy slate of development," Graves says. Housing programs preserve older architecture and remove blight across the community. The city's median sale price is around $280,000, lower than the national median of $406,000.

Beautiful historic homes are found in downtown Troy.
Beautiful historic homes are found in downtown Troy.
Homes styles vary throughout Troy neighborhoods.
Homes styles vary throughout Troy neighborhoods.
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Technical degrees at the Hobart Institute

The Troy City School District covers most of the city, while Miami East Local Schools serves the east side of Troy. Both districts have a B-plus Niche rating. Troy High School also earns a B-plus rating, ranking as the county's second-best public high school out of 10. The city is also home to Edison State Community College and the Hobart Institute of Welding Technology, an internationally recognized technical college.

Troy High School teaches students in grades 9-12.
Troy High School teaches students in grades 9-12.
Troy Junior High, in Troy, Ohio, has a student to teacher ratio or 18 to 1.
Troy Junior High, in Troy, Ohio, has a student to teacher ratio or 18 to 1.
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Playing public tunes throughout downtown

Downtown Troy bustles with activity. It's full of locally owned restaurants, specialty shops and space for new storefronts. A Designated Outdoor Refreshment Area (DORA) lets people ages 21 and over freely explore downtown while enjoying alcoholic beverages. Flowering planters, sculptures and brightly painted street pianos invite people to the district's walkable streets, and business incentives help entrepreneurs set up shop. Troy also has a growing Tax Increment Finance District with several nationally recognized retail and dining destinations along Interstate 75.

Troy is home to the historic Miami County Courthouse.
Troy is home to the historic Miami County Courthouse.
Agave & Rye is a unique taco shop in downtown Troy.
Agave & Rye is a unique taco shop in downtown Troy.
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County fairgrounds and the Hobart Arena

City parks surround the Miami River, which winds through the center of town. While most people use it to kayak, boat or fish, Treasure Island Park rents out floating tents so people can camp on the water. Next door is the Miami County Fairgrounds, where the county fair has been held since 1847. Hobart Urban Nature Preserve's grasslands support bird watching, hiking and seasonal cross-country skiing. During summer, people splash around Troy Aquatic Park's pools and waterslides.

Hobart Arena is the city's epicenter of indoor recreation. Its public ice-skating rink is open year-round, and it's known for hosting some of the city's biggest entertainers. "Elvis Presley actually performed there in the early days," Graves says. The Troy-Hayner Cultural Center offers art classes and rotating exhibits, while The WACO Museum and Aviation Learning Center preserves Troy's aviation history through its collection of historic aircraft. It also hosts annual fly-ins that attract people from around the country.

Troy is situated next to the Great Miami River.
Troy is situated next to the Great Miami River.
Meadowpoint Park is a neighborhood park in Troy, Ohio.
Meadowpoint Park is a neighborhood park in Troy, Ohio.
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Troy is located in Miami County and is one of the best places to live.
Troy is located in Miami County and is one of the best places to live.

Interstate access leads to Dayton

Troy has no public transportation, so residents rely on cars. Main Street and North Market Street are the city's primary thoroughfares, and traffic flows freely. "We're not that big of a community, so even during rush, it's not like Dayton traffic," says Mary Couser, Realtor at Galbreath Realtors. Interstate 75 is a direct line into Dayton, about 20 miles away. The closest commercial airport is Dayton International Airport, 14 miles south.

Sweet treats at The Strawberry Festival

One of Troy's biggest events is The Strawberry Festival. Drawing crowds of over 200,000, attendees enjoy strawberry-themed snacks, activities and fruit picking at Fulton Farms, the biggest strawberry patch east of the Mississippi River. Courthouse Plaza hosts weekly concerts in summer, and First Fridays bring special deals and shop hops. "In the fall, we have Porchfest. People have local bands come and play on their front porch, and we all walk around the neighborhoods to listen to them," Couser says. Around Thanksgiving, people come from all over to get a heaping plate at The Lincoln Community Center's annual feast.

Low crime rates, higher tornado risk

According to the FBI, property and violent crime rates in Troy are lower than the national average.

Troy enjoys moderate weather year-round, and annual flooding is low due to levees along the river. However, the city is at risk for tornadoes, with the last big storm passing through in 2023.

Isabel Butler
Written By
Isabel Butler

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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

Area Facts

Number of Homes
8,804
Number of Homes for Sale
57
Median Year Built
1967
Months of Supply
1.20
Average Single Family Home Size Sq Ft
1,656
Below the national average
1,931
Average Townhouse Size Sq Ft
2,291
Average 2 Bedroom Size Sq Ft
1,380
Average 1 Bedroom Size Sq Ft
2,744
Median Lot Size Sq Ft
9,147

Open Houses

  • Sunday, May 3
    Open Sun 1PM - 3PM

    522 Northpoint Ct, Troy, OH 45373

    $365,000

    • 4 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • 522 Northpoint Ct
    • New 15 days ago

    Outstanding 4 Bedroom Brick Ranch with Full Semi-Finished Basement in Troy's Popular Willow Creek Subdivision! This quality-built home by Patrick Fisher, has been meticulously maintained and is Ready for you to Move In! Open Great Room Concept! Beautiful Kitchen with Oak Cabinets, Breakfast Bar, Pantry, and 2022 Stainless Steel Appliances! Large Primary Bedroom with Large Walk-In Closet and Bath

    Agent Photo
    Mary Couser
    Galbreath REALTORS
    (937) 230-7349
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  • Thursday, Apr 30
    Open Thu 1PM - 3PM

    1481 Lantern Ln, Troy, OH 45373

    $409,900

    • 3 Beds
    • 2 Baths
    • 1,754 Sq Ft
    • 1481 Lantern Ln

    Stunning New Construction Custom Home! This beautifully designed 3-bedroom, 2-bath ranch offers 1,754 sq. ft. of open concept living with thoughtful upgrades. Enjoy 9’ ceilings with a 10’ tray in the great room, a stylish two-tone kitchen with quartz countertops, stainless steel appliances, and a walk-in pantry, plus a pocket office with a barn door—perfect for working from home or managing daily

    Donna Cook Bruns Realty Group, LLC

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  • Sunday, May 3
    Open Sun 1PM - 3PM

    607 W Bentley Cir, Troy, OH 45373

    $472,500

    • 3 Beds
    • 2 Baths
    • 2,024 Sq Ft
    • 607 W Bentley Cir

    Discover a stunning single-level ranch home, offering 1,870 square feet of living space, built by HarlowBuilders. Situated in the Villas of Halifax retirement community, this residence features a modernopen floor plan, soft-close cabinetry, elegant quartz countertops, and stainless-steel appliances. The invitingliving area includes a fireplace complemented by custom built-in cabinetry and lit

    Laurie Johnson Coldwell Banker Heritage Realtors

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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

Rental Home Trends

Number of Homes for Rent
21
Median Rent
$1,348
Median Single Family Home Rent
$1,575
Median 4 Bedroom Single Family Home Rent
$1,525
Median Townhouse Rent
$940
Median 2 Bedroom Townhouse Rent
$940
Median Condo Rent
$1,300
Median 2 Bedroom Condo Rent
$1,298

Demographics

Total Population
28,037
Median Age
42
Population under 18
24.2%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%

Finances

Median Household Income
$66,878
Below the national average
$79,597
Average Household Income
$90,089

Education and Workforce

High School Graduates
92.2%
College Graduates
29.6%
On par with the national average
34.1%
Advanced Degrees
10.7%
% Population in Labor Force
68.4%
On par with the national average
64.9%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
22°F
Average Summer High Temperature
86°F
Annual Snowfall
21''

Area Factors

Moderately friendly

Bike Score®®

60 / 100

Fairly friendly

Walk Score®®

50 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and 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