Troy, MI 48083 Real Estate & Property Data

Troy, MI 48083 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 274 residential properties have been sold over the past 12 months in 48083. With a median sales price of $260,855 in 48083 and a total of 3 foreclosures in Troy, MI 48083. Discover market trends and get the granular level real estate data for Troy, MI 48083 to keep your pulse on the housing market. Curate compelling home reports for Troy, MI 48083 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Troy, MI 48083 Real Estate Market Trends
Total Residential Properties 7,353
Total Commercial Properties 565
Avg. Home Age (Single Family Home) 52 Years
Avg. Square Feet (Single Family Home) 1,637
Total 2024 Residential Sales (year-to-date) 48
% of Homes Seriously Underwater (Q2 2024) 0.92%
Total 2023 Residential Sales 244
% of Equity Rich Homes (Q2 2024) 47.74%
Effective 2023 Property Tax 1.08%
Total Foreclosure Filings (year-to-date) 4
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Troy, MI 48083 Real Estate Overview

There were 274 residential properties sold in the past year in Troy, MI 48083. The median home value in Troy, MI 48083 is $337,162. There are a total of 7,353 residential properties in the 48083.

Median Sales Price i
$260,855
(Feb 2024)
-19%
year-over-year
y-o-y
  • February '24 Feb '24 $260,855
  • January '24 Jan '24 $337,500
  • December '23 Dec '23 $291,750
  • November '23 Nov '23 $329,950
  • October '23 Oct '23 $415,000
  • September '23 Sep '23 $353,300
  • August '23 Aug '23 $345,300
  • July '23 Jul '23 $335,000
  • June '23 Jun '23 $374,900
  • May '23 May '23 $324,000
  • April '23 Apr '23 $335,000
  • March '23 Mar '23 $341,500
Median Down Payment i
$49,000
(Feb 2024)
+49.6%
year-over-year
y-o-y
  • February '24 Feb '24 $49,000
  • January '24 Jan '24 $42,000
  • December '23 Dec '23 $31,500
  • November '23 Nov '23 $38,750
  • October '23 Oct '23 $27,700
  • September '23 Sep '23 $49,650
  • August '23 Aug '23 $19,000
  • July '23 Jul '23 $47,850
  • June '23 Jun '23 $50,200
  • May '23 May '23 $18,250
  • April '23 Apr '23 $41,000
  • March '23 Mar '23 $16,000
Number of Homes Sold i
26
(Feb 2024)
+136.4%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 22
  • December '23 Dec '23 21
  • November '23 Nov '23 18
  • October '23 Oct '23 19
  • September '23 Sep '23 34
  • August '23 Aug '23 28
  • July '23 Jul '23 22
  • June '23 Jun '23 17
  • May '23 May '23 26
  • April '23 Apr '23 13
  • March '23 Mar '23 17
Number of Purchase Loans i
15
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 9
  • December '23 Dec '23 15
  • November '23 Nov '23 9
  • October '23 Oct '23 21
  • September '23 Sep '23 21
  • August '23 Aug '23 23
  • July '23 Jul '23 11
  • June '23 Jun '23 11
  • May '23 May '23 19
  • April '23 Apr '23 6
  • March '23 Mar '23 12
Number of REFI Loans i
16
(Feb 2024)
+45.5%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 6
  • December '23 Dec '23 8
  • November '23 Nov '23 7
  • October '23 Oct '23 12
  • September '23 Sep '23 15
  • August '23 Aug '23 13
  • July '23 Jul '23 13
  • June '23 Jun '23 5
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 13
Number of HELOC Loans i
2
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 12
  • October '23 Oct '23 7
  • September '23 Sep '23 15
  • August '23 Aug '23 7
  • July '23 Jul '23 6
  • June '23 Jun '23 11
  • May '23 May '23 8
  • April '23 Apr '23 5
  • March '23 Mar '23 9

Troy, MI 48083 Foreclosure Activity

There were a total of 3 Troy, MI 48083 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Troy, MI 48083 properties and repossessed 1 Troy, MI 48083 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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