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Troy, AL

Full City Profile · Alabama · Pike County County

3.2 /5.0
B Good
17,733 Population 626/sq mi density
$47,595 Median Income $27,291 per capita
$214,100 Home Value $178,171 Zillow
$943 Median Rent 40.1% income on rent
65°F Avg Temperature 306 sunny days/yr
660 Violent Crime/100K 4,933 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$47,595 median income, 1.7% unemployment
A
Affordability
4.1 / 5.0
$214,100 home value, $943/mo rent
F
Safety
1.0 / 5.0
660 violent crimes/100K (74% above avg)
B+
Education
3.9 / 5.0
36.5% bachelor's degree or higher

Housing Overview

Median Home Value
$214,100
24% below
US avg: $281,900
Median Rent
$943/mo
19% below
US avg: $1,163/mo
Homeownership Rate
47.2%
28% below US avg (65.4%)
Total Housing Units
8,002
Median year built: 1988

Home Value by Source

Census Median
$214,100
Zillow (ZHVI)
$178,171
Median Sale Price
$347,944
Median List Price
$280,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.2%
Owner-Occupied
52.8%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent: $943/mo · Zillow rent: $1,155/mo

Market Indicators (Redfin)

Median Days on Market
164 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
40.1%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
47.2%

Complete Housing Data

Home Values

Census Median Value$214,100
Zillow Home Value (ZHVI)$178,171
Median Sale Price$347,944
Median List Price$280,900
Price Per Sq Ft$154

Rent

Census Median Rent$943
Zillow Rent (ZORI)$1,155
FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Days on Market164
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold5
Active Inventory11
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied47.2%
Renter-Occupied52.8%
Homeownership Rate47.2%
Total Housing Units8,002
Median Year Built1988
Rent Burden40.1%