Why Live in Troy
Troy, OH, founded in 1808, is a small city located along the Great Miami River. It has a rich manufacturing history with major employers like Collins Aerospace and Clopay Corporation. The city boasts a relatively low cost of living and a high quality of life, with residents taking pride in their homes and community. Housing styles vary widely, from historic bungalows and Victorian homes downtown to New Traditional and ranch-style homes in larger subdivisions. The Troy City School District and Miami East Local Schools serve the area, both highly rated, along with Troy High School. Edison State Community College and the Hobart Institute of Welding Technology provide higher education opportunities. Downtown Troy is lively with locally owned restaurants, specialty shops, and a Designated Outdoor Refreshment Area (DORA) for adults to enjoy beverages while exploring. The city features several parks along the Miami River, including Treasure Island Park and Hobart Urban Nature Preserve, offering activities like kayaking, bird watching, and seasonal skiing. Hobart Arena hosts year-round ice skating and major events, while the Troy-Hayner Cultural Center and The WACO Museum and Aviation Learning Center offer cultural and historical experiences. The Strawberry Festival is a major annual event, attracting over 200,000 visitors. Despite a higher tornado risk, Troy has lower crime rates compared to the national average. Interstate 75 provides easy access to Dayton, located 20 miles away, with Dayton International Airport 14 miles south.
Home Trends in Troy, OH
On average, homes in Troy, OH sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Troy, OH over the last 12 months is $446,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$446,000
Median Single Family Sale Price
$449,900
Median 2 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$199
Number of Homes for Sale
11
Last 12 months Home Sales
185
Median List Price
$448,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%