Housing · Troy

Troy, NC housing market

The typical Troy home is worth about $196,000, up 3.6% in a year, 42% below the North Carolina typical home.

Home values, sales, trends and how Troy compares with the towns next door — updated as new data is published.

The market right now

Troy at a glance

Typical home value
$196K
▲ 3.6% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

TroyNorth Carolina
$50K$100K$150K$200K$250K$300K$350K 20182020202220242026 Troy $196K North Carolina $335K
Show as a table
JanuaryTroyNorth Carolina
2017$97,000$179,000
2018$104,000$190,000
2019$109,000$203,000
2020$115,000$215,000
2021$133,000$242,000
2022$152,000$287,000
2023$172,000$320,000
2024$181,000$332,000
2025$189,000$338,000
2026$194,000$336,000
August 2026$196,000$335,000
Affordability

3.8 years of income

The typical Troy home costs about 3.8 years of the town's median household income, less than across North Carolina (4.6 years).

How Troy ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
48.4%
North Carolina: 66.6%
Median tax bill
$1,237
North Carolina: $1,896
Median rent
$675
North Carolina: $1,228
Typical home built
1972
North Carolina: 1991

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $960

HUD's Fair Market Rent for a two-bedroom in Troy is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Troy pay a median of $675, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.

1 bedroom
$850
a month, with utilities
2 bedrooms
$960
a month, with utilities
3 bedrooms
$1,250
a month, with utilities
Share of income
22%
2 bedrooms ÷ median income

Studio $820 · 4 bedrooms $1,550

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (27371; Greensboro-High Point, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01