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Downtown Troy Homes for Sale

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  • /16

    $950,000

    • 8 Beds
    • 5.5 Baths
    • 8,118 Sq Ft

    122 4th St, Troy, NY 12180

    This big brick 8,118 sq/ft mixed use commercial building features 7 sources of income grossing $110,400 per year. The 1st floor restaurant space is leased by a well established restaurateur. It has separate utilities and is equipped with central air and a new boiler in 2014. There are 4 additional units above the restaurant grossing a total of $5,000 per month. The former owners unit on the 3F

    John DiBlasi DiBlasi Real Estate

    122 4th St, Troy, NY 12180
  • /21

    $429,900

    • 2 Beds
    • 1.5 Baths
    • 2,015 Sq Ft

    12 State St, Troy, NY 12180

    A rare offering in the heart of downtown Troy, this distinguished three-story single-family residence with mixed-use zoning combines character, scale, and flexibility. Featuring soaring ceilings, grand hallways, abundant natural light, and hardwood flooring, the home has been thoughtfully updated throughout and boasts recent exterior improvements, including an impeccably maintained brick exterior

    Dana Farrell Bundle It Home Real Estate LLC

    12 State St, Troy, NY 12180

Why Live in Downtown Troy

Downtown Troy is a vibrant neighborhood on the banks of the Hudson River. Once known for its textile industries, today it draws Hipsters, techies and artists for its trendy vibes and walkable streets. The area's historic 19th-century homes and quintessential brownstones have been featured in shows, including The Gilded Age. Housing options include Victorian and Belle Epoque architecture, many of which have been restored or converted into multifamily residences. Along River Street, boutique windows display fresh fashions by contemporary designers. Downtown also has an eclectic dining and nightlife scene, with popular spots like The Dutch Udder Craft Ice Cream and No Fun, a performance venue and bar. Hoosick Street, about 3 miles away, has national grocery stores. Smaller convenience stores are within walking distance, and the farmers' market runs on Saturdays. Green spaces such as Riverfront Park, Prospect Park, and Frear Park are nearby for strolls, playground visits, and a range of recreation, including golf. Major events include the Troy Victorian Stroll in December and Rockin' on the River concerts in the summer. The Troy City School District earns a B rating from Niche and Troy High School scores a B plus. Downtown Troy is compact and walkable, with CDTA bus routes and the Albany-Rensselaer Amtrak Station 8 miles away. Samaritan Hospital is centrally located within Troy, and Albany International Airport is 10 miles west.

Frequently Asked Questions

Is Downtown Troy a good place to live?
Downtown Troy is a good place to live. Downtown Troy is considered very walkable and bikeable with good transit options. Downtown Troy is a suburban neighborhood. Downtown Troy has 8 parks for recreational activities. It is very dense in population with 22.8 people per acre and a median age of 34. The average household income is $72,262 which is below the national average. College graduates make up 49.6% of residents. A majority of residents in Downtown Troy are renters, with 94.5% of residents renting and 5.5% of residents owning their home. A local real estate agent serving Downtown Troy can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Troy neighborhood guide.
Is Downtown Troy, NY a safe neighborhood?
Downtown Troy, NY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Downtown Troy?
The median home price in Downtown Troy is $672,000. If you put a 20% down payment of $134,400 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $3,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $141K a year to afford the median home price in Downtown Troy. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Troy is $72K.
What are the best public schools in Downtown Troy?
The best public schools that serve Downtown Troy are:
  • Troy High School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 3.8.
  • Troy Middle School has a B- Niche grade, a student teacher ratio of 9:1 and an average review score of 3.5.
  • P.S. 14 has a B- Niche grade and a student teacher ratio of 11:1.
What are the best private schools in Downtown Troy?
The best private schools that serve Downtown Troy are:
What are the most popular zip codes in Downtown Troy, Troy, NY?
The most popular zip codes in Downtown Troy, Troy, NY include 12180, 12183, 12189, 12211 and 12047.
What are the most popular neighborhoods near Downtown Troy, Troy, NY?
The most popular neighborhoods near Downtown Troy, Troy, NY are The Hill, North Central, South Central, Frear Park and Eastside Troy.

Home Trends in Downtown Troy, NY

Housing Trends

Median Sale Price
$830,000
Median Single Family Sale Price
$632,500
Average Price Per Sq Ft
$201
Number of Homes for Sale
1
Last 12 months Home Sales
3
Months of Supply
4.00
Median List Price
$672,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
318%
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