48098 Real Estate Market
The median sale price for homes in 48098 over the last 12 months is $222,950.
The median mortgage debt is $236,877.
The price per square foot for listings in this area is $121.
The median sale price in December for single family homes is $208,247. The sale prices dropped by -13.59% from the previous month.
The number of active listings in Troy increased by 8% from the previous month.
The median number of days active properties have been listed is 40. This is significantly shorter than the national average.
The number of sales in December dropped by 82.4% from the previous month.
The percent of unoccupied properties is very low in Troy. It is -8.54% below the national average.
The percent of owner occupied properties in Troy is 27.74% above the national average.
The percent of rental properties in Troy is 16.4% below the national average.
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