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Troy, NY Real Estate


According to census data in the year 2000 there were 23,093 housing units in Troy. This represents a 1% growth from 22,871 in 1990.

Of those housing units, 23,093 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 40.1%. Troy's vacancy rate, including seasonal lodging, is about 13.4%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Troy were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom18.10%
Two Bedrooms32.50%
Three Bedrooms31.90%
Four Bedrooms12.10%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1939
Median Value of occupied units$88,000
Median Price asked for vacant units$81,300

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1939
Median Monthly Rent asked for vacant units$422

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage3.60%
Home Equity Loan9.30%
Simple Mortgage50.30%
Debt Free36.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%