Home prices
The median home price in Troy is $149,800. This is approximately $24,980 (14%) lower in comparison to its surrounding areas.It is about $67,700 (31%) lower in comparison to the rest of the nation, and in comparison to the city of Springfield it is about $6,400 (4%) lower.
Rents
In Troy the median monthly rent is $945. Compared to other places in this area this is is very similar.It is approximately $117 (11%) lower in comparison to the entire nation, and in comparison to the city of Springfield is approximately $68 (7%) higher.
Nearby places
Green Island
Green Island is Troy's neighbor to the northwest. Its housing prices are somewhat less expensive. The median home value in Green Island is $134,800, which works out to $15,000 (11%) lower than Troy. Its rents are somewhat less expensive. In Green Island the median rent is $824 per month, which is $121 (14%) lower than Troy.
Watervliet
Watervliet is Troy's neighbor to the southwest. The housing prices there are fairly similar. The cost of the median home in Watervliet is $145,200, which works out to $4,600 (3%) lower than Troy. Rents there are a bit less expensive. The median monthly rent in Watervliet is $884, which comes out to $61 (6%) lower than Troy.
Cohoes
Cohoes is Troy's neighbor to the northwest. Its real estate prices are fairly similar. The median home in Cohoes costs $156,000, which comes out to $6,200 (3%) higher than Troy. The rent there is fairly similar. In Cohoes the median monthly rent is $944, which is very similar to Troy.
Wynantskill
Wynantskill is Troy's neighbor to the south. Its housing prices are a little more expensive. The median home in Wynantskill costs $185,700, which works out to $35,900 (19%) higher than Troy. The rent there is a bit less expensive. The median monthly rent in Wynantskill is $820, which comes out to $125 (15%) lower than Troy.
Menands
Menands is Troy's neighbor to the southwest. Housing prices there are substantially more expensive. The value of the median home in Menands is $252,200, which comes out to $102,400 (40%) higher than Troy. Rents there are a little more expensive. The median rent in Menands is $1,211 per month, which is $266 (21%) higher than Troy.