Call or Text (240) SELL-123

TROY, MI 48085

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The TROY, MI real estate market (48085) currently shows 65 active listings, with 29 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34 days on market compared to 65 days last year.

The median listing price has fallen 7.7% year-over-year, from $537,590 to $496,175.

Whether you are buying or selling in TROY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for TROY, MI 48085 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 27,514  ·  Density: 1,142.1/mi²  ·  Median household income: $137,222

Typical home value: $369,657  ·  Homeownership: 92.3%

Market Overview

Active Listings
65
⇩ 4.4% vs 68 last year
Pending
29
45% pending ratio
Median Price
$496,175
⇩ 7.7% vs $537,590 last year
Average Price
$575,903
⇩ 7.2% vs $620,655 last year
Days on Market
34
⇩ 47.7% vs 65 days last year

Price Per Square Foot

Median $/sqft
$237
⇩ 1.3% vs $240/sqft last year
Median Home Size
2,110 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 68 last year
  • Days on market: 34 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $496,175 (-7.7% YoY)
  • Average: $575,903 (-7.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 814 listings ($469,222,052 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48085Troy, MI 480850.0 mi47$29,868,923$532,475$635,509
48083Troy, MI 480833.0 mi52$27,206,296$371,700$523,198
48310Sterling Heights, MI 483103.6 mi74$26,029,352$337,364$351,748
48307Rochester, MI 483074.1 mi91$55,127,800$443,750$605,800
48017Clawson, MI 480174.7 mi22$6,891,236$312,500$313,238
48304Bloomfield Hills, MI 483045.9 mi58$93,699,348$489,500$1,615,506
48313Sterling Heights, MI 483136.1 mi58$16,322,882$285,000$281,429
48312Sterling Heights, MI 483126.3 mi84$27,999,636$323,675$333,329
48092Warren, MI 480926.8 mi55$13,289,045$249,675$241,619
48067Royal Oak, MI 480677.7 mi102$48,586,068$397,950$476,334
48093Warren, MI 480938.0 mi74$17,401,544$234,900$235,156
48342Pontiac, MI 483428.5 mi40$5,208,480$128,450$130,212
48306Rochester, MI 483068.6 mi57$101,591,442$1,312,000$1,782,306

Frequently Asked Questions

How many homes are for sale in TROY, MI 48085?

As of March 2026, there are 65 active listings in TROY, MI (zip code 48085), compared to 68 the prior year.

What is the median home price in TROY, MI 48085?

The median listing price in TROY, MI 48085 is $496,175 as of March 2026, a 7.7% decrease from $537,590 the prior year.

How long do homes stay on the market in TROY, MI?

Homes in TROY, MI 48085 spend an average of 34 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in TROY, MI 48085?

Based on current inventory and days-on-market data as of March 2026, TROY, MI 48085 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 65 days last year.

How much can I save on real estate commission in TROY, MI?

With SELL123.com's maximum 3% commission, sellers in TROY, MI 48085 save an estimated $9,924 compared to a typical 5% commission on the median listing price of $496,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.