Why Live in Downtown Troy
Downtown Troy is a vibrant neighborhood known for its rich history and lively cultural scene. Along River Street, boutique shops showcase contemporary fashion, reflecting the area's historical ties to the textile industry. The neighborhood boasts a diverse dining and nightlife scene, with popular spots like The Dutch Udder for craft ice cream, No Fun for live music and craft beer, and Troy Beer Garden for cocktails in a cozy setting. Residents enjoy proximity to national grocers on Hoosick Street, about 3 miles away, and a bustling waterfront farmers market every Saturday. Green spaces such as Riverfront Park, Prospect Park, and Frear Park provide recreational opportunities, from scenic strolls to sports and fitness activities. The neighborhood hosts major events like the Victorian Stroll in December and Rockin’ on the River concerts in the summer. Educational institutions include the highly rated Troy High School and nearby Rensselaer Polytechnic Institute. Downtown Troy is compact and walkable, with CDTA bus routes and the Albany-Rensselaer Amtrak Station 8 miles away. The area features Victorian and Belle Epoque architecture, with historic brownstones and rowhouses, many of which have been restored or converted into multifamily residences.
Home Trends in Downtown Troy, NY
On average, homes in Downtown Troy, Troy sell after 183 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Troy, Troy over the last 12 months is $940,000, up 357% from the median home sale price over the previous 12 months.
Median Sale Price
$940,000
Median Single Family Sale Price
$749,999
Average Price Per Sq Ft
$317
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$749,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
357%