Why Live in The Hill
The Hill neighborhood in Troy, NY, is characterized by its steep incline leading up to Prospect Park and its proximity to the Hudson River. Home to Rensselaer Polytechnic Institute, the oldest technological university in the Western Hemisphere, The Hill has a vibrant college-town atmosphere. The neighborhood features a mix of rental properties and single-family homes, with over 70 percent of residents renting. Housing options include turn-of-the-century Victorian and colonial duplexes, Federal-style rowhouses, and newly remodeled homes subdivided into rental units. Single-family homes, often three-story Victorians or American Foursquare styles, were mostly built between 1890 and 1920. Local attractions include Prospect Park, offering panoramic views of the Hudson River Valley, and Beman Park, which is undergoing a $1.1 million renovation. Dining options are varied, with The Hill Beer & Wine Garden being a standout for its European-style outdoor space. For everyday needs, residents frequent De Bonis convenience store and upscale markets along 4th Street. The neighborhood is within walking distance of several bars and restaurants, though supermarkets like ALDI and Hannaford require a short drive. Public transportation is readily accessible, and Albany’s business district is less than 10 miles away, making for a convenient 15-minute commute via Interstate 787.
Home Trends in The Hill, NY
On average, homes in The Hill, Troy sell after 57 days on the market compared to the national average of 70 days. The median sale price for homes in The Hill, Troy over the last 12 months is $416,500, up 27% from the median home sale price over the previous 12 months.
Median Sale Price
$416,500
Median Single Family Sale Price
$357,900
Median Townhouse Sale Price
$476,360
Average Price Per Sq Ft
$232
Number of Homes for Sale
4
Last 12 months Home Sales
46
Median List Price
$416,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
27%