Troy offers a rare balance in Southeast Michigan: the economic power of a major corporate hub paired with the quiet comfort of established residential life. Known for its “Big City Heart, Small Town Feel,” Troy attracts buyers who want the prestige of the “Gold Coast” without the price tag of Birmingham. Whether you are looking for a sprawling 1970s ranch or a modern luxury build, homes for sale in Troy MI remain some of the most resilient investments in Oakland County.
As we move through 2025, the Troy market is defined by low inventory and high demand. Buyers here aren’t just looking for four walls; they are looking for entry into a community that provides a stable hedge against market volatility.
The Troy Market Snapshot
Troy’s real estate trends for 2025 show a market that is competitive but rewarding for prepared buyers. Homes move quickly–often within two weeks–especially those positioned near the city’s major commercial corridors.
| Market Indicator | 2025 Estimate/Status |
| Median Home Price | $445,000 – $480,000 |
| School Rankings | Troy High & Athens (Both Niche “A+” Rated) |
| Avg. Days on Market | 18-26 Days |
| Property Tax Est. | Approx. 1.6% – 2.0% (Effective Rate) |
Note: A unique factor in Troy is the school district split. While most of the city attends Troy Schools, certain southern pockets fall into the Avondale district. For many buyers, being on the “Troy side” of that line is a primary driver of property value.
Top Neighborhoods to Watch
Sylvan Glen
The Sylvan Glen area is a local favorite for those prioritizing recreation and quiet streets. Anchored by the Sylvan Glen Golf Course and the sprawling Sylvan Glen Lake Park, this neighborhood offers a scenic backdrop that is rare for such a centrally located city. The housing stock here is a mix of well-maintained 1960s-70s brick colonials and split-levels, many of which have undergone significant interior modernizations.
From a real estate perspective, Sylvan Glen is a high-demand “lifestyle” neighborhood. Residents enjoy direct access to the 18-hole disc golf course and shore fishing, making it a top pick for active buyers. Properties here tend to hold their value exceptionally well due to the “permanent green space” provided by the surrounding parkland.
Long Lake Village (and East Long Lake Estates)
If you are searching for Troy’s premier residential enclaves, the neighborhoods flanking Long Lake Road are the place to start. Long Lake Village is characterized by its wide, tree-lined boulevards and stately traditional homes. These neighborhoods are far enough from the I-75 noise to feel private, yet close enough to make a commute to Detroit or Flint effortless.
Buying in this area is as much about the schools as the houses. Homes here are typically zoned for Troy High School, which consistently ranks as one of the top public high schools in the state. Because of this, inventory in Long Lake Village is notoriously tight; when a house hits the market here, it often sees multiple offers within the first 48 hours.
Emerald Lakes Village
For buyers seeking a community-centric vibe, Emerald Lakes Village is a standout. This isn’t just a subdivision; it’s a neighborhood built around seven private lakes. It is one of the few places in Troy where you can find a “beach lifestyle” in the middle of a major suburb. The association is active, hosting seasonal events that foster a genuine small-town feel.
The real estate here varies from cozy ranches to larger family homes. The “lake privilege” is the primary value add–even for homes that aren’t directly on the water. For anyone moving to Troy Michigan who wants a sense of belonging and immediate outdoor access, Emerald Lakes is often at the top of the list
Why Troy? The Corporate & Shopping Edge
Troy’s economic foundation is what separates it from other Metro Detroit suburbs. Often referred to as the “Golden Corridor,” the Big Beaver Road stretch is the city’s primary commercial engine.
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The Somerset Collection: This isn’t just a mall; it’s a 1.4-million-square-foot luxury destination. Having world-class retail like Neiman Marcus and Saks Fifth Avenue just minutes away elevates the entire local lifestyle.
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A Corporate Hub: Troy is home to more than 7 million square feet of retail and 21 million square feet of office space. This high concentration of businesses provides a massive tax base, which keeps city services high and park systems immaculate.
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Walkable Mixed-Use: Recent developments on Big Beaver are introducing new luxury apartments and hotels (like the planned 8-story Marriott-affiliated project), signaling a shift toward a more modern, walkable “Edge City” environment.
Local Perks That Add Real Value
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900+ Acres of Parkland: Including the Troy Nature Center and the expansive Jaycee Park.
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Low Crime & High Stability: Consistently ranked as one of the safest cities of its size in Michigan.
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The Troy Community Center: A massive 127,000-square-foot facility with an indoor aquatic center, fitness wing, and banquet halls.
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The Troy Historic Village: A 5-acre site with 10 preserved buildings, offering a direct link to the city’s 19th-century roots.
Navigating the Purchase with DG Realty Group
In a market as fast-moving as Troy, “standard” real estate service isn’t enough. At DG Realty Group, we apply a White-Glove approach to every transaction. Led by Dan Gutfreund–the #1 Agent in Michigan–our team treats your home search like a high-stakes investment.
We specialize in identifying “off-market” opportunities in neighborhoods like Long Lake Village before they ever hit the MLS. Our clients benefit from our cinematic Video Showcase marketing and our “Listing Concierge” service, ensuring that if you are selling in Troy, your home is seen by the most qualified global buyers through our Sotheby’s International Realty network.
Ready to start your Troy home search?
Contact Dan Gutfreund and the DG Realty Group team today to schedule a private consultation and gain access to the most exclusive listings in Oakland County.
