Troy, OH housing market
No new homes were permitted in 2025.
Home values, sales, trends and how Troy compares with the towns next door — updated as new data is published.
No new homes permitted in 2025
No permits for new homes were issued in Troy in 2025. The last year with any was 2009 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Troy's population fell by 31 and no new homes were permitted. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $168,000 |
| 2008 | 6 | 6 | 0 | $649,000 |
| 2007 | 9 | 9 | 0 | $974,000 |
| 2006 | 13 | 13 | 0 | $1.4 million |
| 2005 | 15 | 15 | 0 | $1.6 million |
| 2004 | 16 | 16 | 0 | $1.7 million |
| 2003 | 15 | 15 | 0 | $1.6 million |
| 2002 | 14 | 14 | 0 | $1.5 million |
| 2001 | 14 | 14 | 0 | $1.5 million |
| 2000 | 14 | 14 | 0 | $1.5 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Troy and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Troy | — | — | $980 | 0 | $88,075 |
| Sullivan | $296K | +6% | $1,070 | 6 | $66,541 |
| Rochester | — | +1.9%† | $990 | 0 | $90,962 |
| Ruggles | — | −0.4%† | $970 | 6 | $71,384 |
† FHFA price index change, where Zillow has no home value for the town.
2.2 years of income
The typical Troy home costs about 2.2 years of the town's median household income, less than across Ohio (3.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Troy is $980 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 13% of the town's median household income.
Studio $710 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44805, 44859, 44880; Cleveland, OH 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.