Data as of April 2026. Source: Realtor.com.
The TROY, MI real estate market (48098) currently shows 37 active listings, with 15 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 40 days on market compared to 31 days last year.
The median listing price has fallen 11.4% year-over-year, from $490,675 to $434,626.
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 April 2026, there are 37 active listings in TROY, MI (zip code 48098), compared to 30 the prior year.
The median listing price in TROY, MI 48098 is $434,626 as of April 2026, a 11.4% decrease from $490,675 the prior year.
Homes in TROY, MI 48098 spend an average of 40 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of April 2026, TROY, MI 48098 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in TROY, MI 48098 save an estimated $8,693 compared to a typical 5% commission on the median listing price of $434,626. 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.