Explore Troy
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Why Live in Troy
The Troy Savings Bank Music Hall stands as an acoustic masterpiece in downtown Troy, drawing music lovers to its renowned performances. History buffs can explore the Oakwood Cemetery, final resting place of "Uncle Sam" Wilson, while Prospect Park provides sweeping views of the Hudson Valley alongside recreational trails. The Central Troy Historic District showcases pristine 19th-century architecture, and the Hart Cluett Museum transports visitors through time in its Federal-style setting. Local dining highlights include Druthers Brewing Company's craft beer selection, authentic Italian cuisine at Testo's Restaurant, and the celebrated barbecue at Dinosaur Bar-B-Que.The Troy housing market features diverse options across distinct neighborhoods. Downtown Troy has single family homes with a median price of $459,900, while Eastside Troy's single family homes have a median price of $280,000. The Hill area contains townhouses with a median price of $87,500. South Troy's single family homes command a median price of $294,900, and Sycaway's single family homes have a median price of $275,000.Property taxes in Troy include a 2.19% effective rate in Rensselaer County, lower than Schenectady's 2.46% but higher than Albany's 1.89%. The New York State income tax rate is 5.50% for a yearly salary of $42,741.00, with a combined sales tax rate of 8.53%.Education options include the A rated Bell Top Elementary School and the A Plus rated Emma Willard School. Rensselaer Polytechnic Institute adds to the educational landscape. The Capital District Transportation Authority connects Troy to the region, with Albany International Airport just 15 minutes away. The Troy Waterfront Farmers Market brings together over 100 local vendors year round, moving indoors to the Troy Atrium during winter months.
Home Prices in Troy, NY
The median home sale price in Troy, NY is $285,000, up 2% year-over-year. Homes in Troy sell in 25 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$285,000
|
Median Single Family Sale Price
$280,000
|
|
Median Townhouse Sale Price
$465,285
|
Median 2 Bedroom Sale Price
$253,500
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Median 1 Bedroom Sale Price
$180,000
|
Average Price Per Sq Ft
$198
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Number of Homes for Sale
49
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Last 12 months Home Sales
436
|
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Months of Supply
1.30
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Median List Price
$284,950
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
2%
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Popular Home Searches in Troy, NY
Located along the Hudson River, Troy attracts buyers with its historic buildings, walkable downtown, and access to Albany-area jobs.
- Appreciate old-world charm? Search for Victorian homes or craftsman style properties near Washington Park.
- Prefer urban access? Look into condos or townhouses in downtown or near RPI.
- Want room to grow? Explore single-family homes with backyards or garages across Lansingburgh and Eastside.
- Need a functional layout? Browse homes with basements or dedicated home offices.
- Looking for modern updates? Consider listings with kitchen islands and updated air conditioning.