Population: 20,545 · Density: 844.0/mi² · Median household income: $157,997
Typical home value: $469,581 · Homeownership: 92.0%
Data as of January 2026. Source: Realtor.com.
The TROY, MI real estate market (48098) currently shows 28 active listings, with 12 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 79 days on market compared to 46 days last year.
The median listing price has risen 5.3% year-over-year, from $512,250 to $539,450.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48098 | Troy, MI 48098 | 0.0 mi | 28 | $15,628,172 | $539,450 | $558,149 |
| 48304 | Bloomfield Hills, MI 48304 | 2.9 mi | 57 | $82,599,612 | $490,000 | $1,449,116 |
| 48309 | Rochester, MI 48309 | 4.1 mi | 59 | $38,989,914 | $550,000 | $660,846 |
| 48009 | Birmingham, MI 48009 | 4.3 mi | 97 | $190,316,134 | $1,499,000 | $1,962,022 |
| 48307 | Rochester, MI 48307 | 5.1 mi | 84 | $51,746,436 | $480,000 | $616,029 |
| 48342 | Pontiac, MI 48342 | 5.8 mi | 41 | $5,663,740 | $135,000 | $138,140 |
| 48310 | Sterling Heights, MI 48310 | 6.2 mi | 78 | $26,728,338 | $333,500 | $342,671 |
| 48314 | Sterling Heights, MI 48314 | 6.4 mi | 49 | $22,438,325 | $384,900 | $457,925 |
| 48301 | Bloomfield Hills, MI 48301 | 6.5 mi | 33 | $51,350,607 | $1,162,000 | $1,556,079 |
| 48025 | Franklin, MI 48025 | 7.1 mi | 43 | $47,151,650 | $750,000 | $1,096,550 |
| 48071 | Madison Heights, MI 48071 | 7.4 mi | 63 | $14,303,709 | $212,500 | $227,043 |
| 48340 | Pontiac, MI 48340 | 7.5 mi | 44 | $8,531,732 | $144,950 | $193,903 |
| 48070 | Huntington Woods, MI 48070 | 8.1 mi | 2 | $859,900 | $429,950 | $429,950 |
As of January 2026, there are 28 active listings in TROY, MI (zip code 48098), compared to 30 the prior year.
The median listing price in TROY, MI 48098 is $539,450 as of January 2026, a 5.3% increase from $512,250 the prior year.
Homes in TROY, MI 48098 spend an average of 79 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of January 2026, TROY, MI 48098 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in TROY, MI 48098 save an estimated $10,789 compared to a typical 5% commission on the median listing price of $539,450. 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.