Data as of February 2026. Source: Realtor.com.
The TROY, MI real estate market (48098) currently shows 28 active listings, with 9 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 35 days last year.
The median listing price has fallen 14.1% year-over-year, from $555,000 to $476,950.
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 | $15,628,172 | $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 February 2026, there are 28 active listings in TROY, MI (zip code 48098), compared to 23 the prior year.
The median listing price in TROY, MI 48098 is $476,950 as of February 2026, a 14.1% decrease from $555,000 the prior year.
Homes in TROY, MI 48098 spend an average of 46 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of February 2026, TROY, MI 48098 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in TROY, MI 48098 save an estimated $9,539 compared to a typical 5% commission on the median listing price of $476,950. 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.