Home prices
The cost of the median home in Troy is $90,000. Compared to other places in this area this is approximately $9,840 (12%) higher.In comparison to the entire nation it is about $127,500 (58%) lower, and it is roughly $43,200 (32%) lower compared to the city of Jackson.
Rents
In Troy the median rent is $646 per month. This is approximately $18 (2%) higher in comparison to other places in this area.It is about $416 (39%) lower in comparison to the US as a whole, and compared to the city of Jackson it is about $231 (26%) lower.
Nearby places
Rives
Rives is roughly 5 miles east from Troy. Housing prices there are significantly less expensive. The value of the median home in Rives is $62,000, which comes out to $28,000 (45%) lower than Troy. Rents there are somewhat more expensive. In Rives the median monthly rent is $688, which is $42 (6%) higher than Troy.
Obion
Obion is approximately 5 miles south from Troy. The housing prices there are a little less expensive. The median home in Obion costs $68,500, which works out to $21,500 (31%) lower than Troy. The rent there is fairly similar. Obion's median rent is $666 a month, which is $20 (3%) higher than Troy.
Hornbeak
Hornbeak is roughly 6 miles west from Troy. Housing prices there are a bit less expensive. The median home price in Hornbeak is $73,200, which works out to $16,800 (22%) lower than Troy. Its rents are fairly similar. Hornbeak's median rent is $644 per month, which is very similar to Troy.
Union City
Union City is approximately 8 miles northeast of Troy. Its housing prices are somewhat more expensive. The price of the median home in Union City is $96,700, which comes out to $6,700 (6%) higher than Troy. The rent there is somewhat less expensive. Union City's median monthly rent is $584, which comes out to $62 (10%) lower than Troy.
Woodland Mills
Woodland Mills is about 9 miles north from Troy. Housing prices there are a bit more expensive. The median home value in Woodland Mills is $100,400, which comes out to $10,400 (10%) higher than Troy. Its rents are a bit less expensive. The median rent in Woodland Mills is $558 per month, which works out to $88 (15%) lower than Troy.