Home prices
The median home in New Troy is valued at $131,900. Compared to the surrounding areas this is roughly $12,320 (10%) higher.In comparison to the United States as a whole it is approximately $85,600 (39%) lower, and it is approximately $126,100 (48%) lower compared to the city of Chicago.
Rents
New Troy's median rent is $728 per month. Compared to its nearby areas this is about $69 (8%) lower.It is approximately $334 (31%) lower in comparison to the US as a whole, and it is about $384 (34%) lower compared to the city of Chicago.
Nearby places
Bridgman
Bridgman is about 4 miles north of New Troy. Real estate prices there are somewhat more expensive. The price of the median home in Bridgman is $162,400, which works out to $30,500 (18%) higher than New Troy. Rents there are similar. The median rent in Bridgman is $733 per month, which is very similar to New Troy.
Galien
Galien is approximately 5 miles south of New Troy. Real estate prices there are substantially less expensive. The median home in Galien costs $91,300, which is $40,600 (44%) lower than New Troy. The rent there is a little more expensive. The median rent in Galien is $792 a month, which is $64 (8%) higher than New Troy.
Baroda
Baroda is about 5 miles northeast from New Troy. Real estate prices there are a little less expensive. The cost of the median home in Baroda is $110,600, which works out to $21,300 (19%) lower than New Troy. Rent there is a bit more expensive. In Baroda the median monthly rent is $945, which comes out to $217 (22%) higher than New Troy.
Three Oaks
Three Oaks is approximately 6 miles southwest from New Troy. The real estate prices there are somewhat less expensive. The median home value in Three Oaks is $123,900, which works out to $8,000 (6%) lower than New Troy. The rent there is a bit more expensive. In Three Oaks the median rent is $840 a month, which is $112 (13%) higher than New Troy.
Buchanan
Buchanan is approximately 8 miles southeast of New Troy. Housing prices there are a little less expensive. The median home cost in Buchanan is $109,700, which works out to $22,200 (20%) lower than New Troy. Rents there are somewhat less expensive. Buchanan's median monthly rent is $674, which comes out to $54 (8%) lower than New Troy.