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Troy, OH

Full City Profile · Ohio · Miami County County

3.4 /5.0
B Good
26,716 Population 2,114/sq mi density
$70,450 Median Income $36,816 per capita
$199,400 Home Value $276,097 Zillow
$934 Median Rent 25.9% income on rent
53°F Avg Temperature 275 sunny days/yr
88 Violent Crime/100K 1,650 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$70,450 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$199,400 home value, $934/mo rent
F
Safety
1.0 / 5.0
88 violent crimes/100K
B+
Education
3.5 / 5.0
31.7% bachelor's degree or higher

Housing Overview

Median Home Value
$199,400
29% below
US avg: $281,900
Median Rent
$934/mo
20% below
US avg: $1,163/mo
Homeownership Rate
65.3%
0% below US avg (65.4%)
Total Housing Units
11,535
Median year built: 1974

Home Value by Source

Census Median
$199,400
Zillow (ZHVI)
$276,097
Median Sale Price
$231,500
Median List Price
$265,750
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.3%
Owner-Occupied
34.7%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $934/mo · Zillow rent: $1,358/mo

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
37.5%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
56
homes for sale

Affordability & Housing Stock

Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
65.3%

Complete Housing Data

Home Values

Census Median Value$199,400
Zillow Home Value (ZHVI)$276,097
Median Sale Price$231,500
Median List Price$265,750
Price Per Sq Ft$151

Rent

Census Median Rent$934
Zillow Rent (ZORI)$1,358
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market36
Sale-to-List Ratio1.0%
Price Drops37.5%
Homes Sold12
Active Inventory56
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied65.3%
Renter-Occupied34.7%
Homeownership Rate65.3%
Total Housing Units11,535
Median Year Built1974
Rent Burden25.9%