Data as of June 2026. Source: Realtor.com.
The TROY, MI real estate market (48098) currently shows 65 active listings, with 26 pending sales. Homes are averaging 22 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are selling faster, averaging 22 days on market compared to 24 days last year.
The median listing price has risen 15.9% year-over-year, from $523,000 to $605,897.
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 June 2026, there are 65 active listings in TROY, MI (zip code 48098), compared to 46 the prior year.
The median listing price in TROY, MI 48098 is $605,897 as of June 2026, a 15.9% increase from $523,000 the prior year.
Homes in TROY, MI 48098 spend an average of 22 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of June 2026, TROY, MI 48098 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in TROY, MI 48098 save an estimated $12,118 compared to a typical 5% commission on the median listing price of $605,897. 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.