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 Type | 1.10% |
| One Bedroom | 11.60% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 45.40% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $98,700 |
| Median Price asked for vacant units | $68,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 12% |
| Simple Mortgage | 50.90% |
| Debt Free | 28.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
