LET STEPH GUIDE YOU THROUGH YOUR NEW REAL ESTATE SEARCH WITH OUR INTERACTIVE MAPS, BEAUTIFUL ELEVATION IMAGES AND PERSPECTIVES!

HERE'S SOME OF WHAT YOU WILL FIND IN OUR TROY LUXURY CONDOS AND LOFTS SEARCH RESULTS.

ABOUT TROY

You may go swimming, shopping, and much more. Recreation in Troy can be as family-friendly or as solitary as you like.

In Troy, both homes and businesses may expect to do well. Troy has been ranked as one of Niche's top 10 best suburbs in Michigan due to its high quality of life. Regarding suburbs, Troy ranks second in Michigan and first in the Metro Detroit area (2021). Troy has been ranked as the finest place to live in Michigan and as the sixth-best place for retirees in the United States by ChamberofCommerce.org (2019). The academic and artistic programs at Troy Public Schools have received national acclaim and earned the district an A+ grade. Troy offers unrivaled municipal services, is ranked as Michigan's safest city, and has one of the county's lowest tax rates. Several lakes and streams, two golf courses, the Stage Nature Center, and the Troy Historical Village are within the municipal limits.

MARKET INSIGHTS

TROY HOUSING MARKET TRENDS

What is the housing market like in Troy today?
In February 2023, Troy home prices were up 5.7% compared to last year, selling for a median price of $354K. On average, homes in Troy sell after 32 days on the market compared to 14 days last year.

How hot is the Troy housing market?

Troy is very competitive. Homes sell in 21 days.

TROY LISTINGS & SALES

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THINGS TO DO IN TROY

 

Recreation
The Aquatic Center for the Troy Area
If you're looking for a place to "staycation" this summer, go no further than the Troy Family Aquatic Center. Families can take advantage of the sand-filled area with a playscape and toys, the sand volleyball courts, the deck and lounge chairs, the food concessions, the shaded patio, and the main swimming pool with a zero-depth entrance (like a beach) and lap lanes.

Local Assembly Hall in Troy
The Troy Community Center is a 127,000-square-foot, state-of-the-art facility that houses a gymnasium, locker rooms, dance/aerobic studios, meeting rooms and banquet facilities, a senior center, a preschool area, and a swimming pool with 60 pieces of cardiovascular equipment, 25 circuit-training machines, and free weights. Fitness center members can also use the outdoor plaza, bocce ball courts, shuffleboard courts, walking trails, and Kid's Korner daycare.


The Library of Troy
Every year, hundreds of thousands of people go to the Troy Public Library (TPL) to take advantage of the library's services.
Borrowing materials from the library includes books, eBooks, media, and games.
Take part in a wide range of adult and kid-friendly shows
Use resources like a memory lab and other databases to your advantage.


The Somerset Collection, with more than 1.4 million square feet of unique dining and shopping options, is a staple in Troy for locals and tourists alike.

Oakland Shopping Center
Another major shopping center in Troy is the Oakland Mall. Macy's and JCPenney are just two major department stores contributing to Oakland's many shopping options.

FIND YOUR DREAM TROY CONDO FOR SALE

FIND YOUR DREAM TROY CONDO FOR SALE

TOP 5 FAQS ABOUT CONDOS IN TROY MI

Troy offers a diverse selection of condos to cater to various lifestyles and preferences. You can find traditional condo units in multi-story buildings, often with amenities like fitness centers, swimming pools, and community gathering areas. Additionally, Troy features townhome-style condos, which provide more space and may include private garages. There are also newer condo developments with modern, open floor plans and upscale finishes. Whether you're looking for a compact condo for low-maintenance living or a spacious townhome, Troy has options to suit your needs.

The price range for condos in Troy can vary widely based on factors like location, size, and features. On average, you can find condos priced anywhere from the mid-$100,000s to the mid-$400,000s. Condos in prime locations or those with extensive amenities and high-end finishes tend to be at the upper end of the price spectrum. Keep in mind that real estate markets are dynamic, and prices may have changed since my last update. To get the most accurate and up-to-date pricing information, it's recommended to consult with a local real estate agent familiar with the Troy area.

Condo association fees, often referred to as HOA (Homeowners Association) fees, vary depending on the condo complex and the services and amenities it offers. On average, condo association fees in Troy typically range from $200 to $400 per month. These fees cover various expenses, including common area maintenance, landscaping, insurance, and sometimes utilities like water and trash removal. High-end condo communities with extensive amenities like gated security or concierge services may have higher association fees. It's crucial to review the specific fee structure and what it covers before purchasing a condo to ensure it aligns with your budget.

Troy condo communities often provide a range of amenities designed to enhance residents' quality of life. Common amenities include swimming pools, fitness centers, clubhouses for gatherings and events, and well-maintained landscaping. Some condo complexes offer additional features like walking trails, tennis courts, and secure gated access. The specific amenities vary by community, so it's essential to explore different condo developments to find the ones that align with your lifestyle and interests. These amenities can contribute significantly to your overall satisfaction with condo living in Troy.

Financing a condo purchase in Troy follows a process similar to buying a single-family home. Buyers often use traditional mortgage options, such as conventional loans or FHA loans, to secure financing. However, it's important to note that some lenders may have specific requirements for condo financing, including the financial health and governance of the condo association. Before beginning your search, it's advisable to work with a local mortgage broker or lender familiar with Troy condo financing. Additionally, obtaining pre-approval for a mortgage can help you determine your budget and strengthen your offer when you find the right condo.

OUR RECENT CLIENT TESTIMONIALS

Work With Me

It is so important to connect with a real estate professional that understands your needs and provides you with the first-class representation you deserve. Whether you are interested in selling a home, purchasing a new condo or investing in real estate, I strive to do just that for you! Communication is key when working with a REALTOR which is why we will walk hand in hand throughout the entire process to personally and effectively achieve your goals. I want to be your resource for life!