Troy, IL Real Estate
According to census data in the year 2000 there were 3,129 housing units in Troy.
This represents a 37.1% growth from 2,283 in 1990.
Of those housing units, 3,129 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Troy is about 73.3%.
Troy's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Troy were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.70% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 46% |
| Four Bedrooms | 17.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $102,900 |
| Median Price asked for vacant units | $132,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $484 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 66.20% |
| Debt Free | 16.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
