Why Live in Troy
Troy, Missouri, is a growing city on the outskirts of the St. Louis metro area, with a population of approximately 14,600. Known for its suburban feel, Troy offers spacious yards and quiet blocks, making it an attractive option for those seeking a relaxed lifestyle. The housing market features a variety of options, from late 19th-century Victorian homes to midcentury ranch-style houses and modern new traditional homes. The average property price is about 42% less than the national average, providing affordable opportunities for homebuyers. Significant manufacturing facilities, including a 550,000-square-foot Toyota Motor Manufacturing plant and Witte Bros. Exchange, contribute to the local economy. The Lincoln County R-III School District serves the area with a low student-teacher ratio, and private schools like Troy Holiness School and Sacred Heart Catholic School offer additional educational choices. Ranken Technical College also has a campus in Troy, providing specialized programs in various technical fields. The Historic Downtown Business District on Main Street features locally owned businesses, restaurants, and shops, while State Highway 47 hosts big-box stores and chain restaurants. Cuivre River State Park, located just 4 miles from downtown, offers 6,400 acres of hiking trails, a lake for swimming and fishing, and outdoor recreation. The Lincoln County Fairgrounds host annual events like the Lincoln County Fair and Night of 1,000 Stars. U.S. Route 61 connects Troy to Interstate 64 and St. Louis, 56 miles away, with St. Louis Lambert International Airport 43 miles from the city. Troy's violent crime rate is much lower than state and national averages, supported by a local police department and emergency services.
Home Trends in Troy, MO
On average, homes in Troy, MO sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Troy, MO over the last 12 months is $310,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$310,000
Median Single Family Sale Price
$310,000
Average Price Per Sq Ft
$198
Number of Homes for Sale
13
Last 12 months Home Sales
195
Median List Price
$340,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%