Data as of July 2026. Source: Realtor.com.
The TROY, MI real estate market (48098) currently shows 74 active listings, with 33 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 34 days on market compared to 27 days last year.
The median listing price has fallen 12.4% year-over-year, from $578,950 to $507,000.
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.
Population: 20,545 · Density: 844.0/mi² · Median household income: $157,997
Typical home value: $469,581 · Homeownership: 92.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48098 | Troy, MI 48098 | 0.0 mi | 28 | $15,351,560 | $476,950 | $548,270 |
| 48304 | Bloomfield Hills, MI 48304 | 2.9 mi | 58 | $93,699,348 | $489,500 | $1,615,506 |
| 48309 | Rochester, MI 48309 | 4.1 mi | 64 | $42,281,216 | $512,450 | $660,644 |
| 48009 | Birmingham, MI 48009 | 4.3 mi | 113 | $211,826,297 | $1,662,000 | $1,874,569 |
| 48307 | Rochester, MI 48307 | 5.1 mi | 91 | $55,127,800 | $443,750 | $605,800 |
| 48342 | Pontiac, MI 48342 | 5.8 mi | 40 | $5,208,480 | $128,450 | $130,212 |
| 48310 | Sterling Heights, MI 48310 | 6.2 mi | 74 | $26,029,352 | $337,364 | $351,748 |
| 48314 | Sterling Heights, MI 48314 | 6.4 mi | 47 | $25,076,756 | $555,000 | $533,548 |
| 48301 | Bloomfield Hills, MI 48301 | 6.5 mi | 37 | $65,405,381 | $1,399,750 | $1,767,713 |
| 48025 | Franklin, MI 48025 | 7.1 mi | 44 | $45,632,136 | $756,600 | $1,037,094 |
| 48071 | Madison Heights, MI 48071 | 7.4 mi | 59 | $13,195,409 | $210,000 | $223,651 |
| 48340 | Pontiac, MI 48340 | 7.5 mi | 56 | $9,545,088 | $143,975 | $170,448 |
| 48070 | Huntington Woods, MI 48070 | 8.1 mi | 8 | $4,354,984 | $445,000 | $544,373 |
As of July 2026, there are 74 active listings in TROY, MI (zip code 48098), compared to 49 the prior year.
The median listing price in TROY, MI 48098 is $507,000 as of July 2026, a 12.4% decrease from $578,950 the prior year.
Homes in TROY, MI 48098 spend an average of 34 days on the market before going under contract, compared to 27 days the prior year.
Based on current inventory and days-on-market data as of July 2026, TROY, MI 48098 is currently a Buyer's Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 27 days last year.
With SELL123.com's maximum 3% commission, sellers in TROY, MI 48098 save an estimated $10,140 compared to a typical 5% commission on the median listing price of $507,000. 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.