Home

Troy, OH Real Estate


According to census data in the year 2000 there were 9,538 housing units in Troy. This represents a 19.1% growth from 8,006 in 1990.

Of those housing units, 9,459 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in Troy is about 60.2%. Troy's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Troy were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom11.60%
Two Bedrooms29.90%
Three Bedrooms45.40%
Four Bedrooms10.70%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1960
Median Value of occupied units$98,700
Median Price asked for vacant units$68,400

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1969
Median Monthly Rent asked for vacant units$450

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage7.50%
Home Equity Loan12%
Simple Mortgage50.90%
Debt Free28.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%