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Troy, MI 48085

Troy (48085) has an estimated 24,660 residents with 24,483 of those people in approximately 8,474 housing units. The 48085 zipcode contains 5,572 housing units that are owned with a mortgage or a loan, 2,140 housing units that are owned free and clear and 762 housing units that are renter occupied.


In Troy (48085) the median listing price of $345,000 has dropped by $2,450 since 2018-10.

In 2018 the average percentage drop was 2.77% of original listing price.

24 homes were sold in 2018-11 in Troy, MI (48085).
This monthly number has dropped by 10 from the previous month.

Zip code 48085 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Troy, MI (48085) is $301,300 as of 2018-10-31

In Troy, MI (48085), values have dropped by -0.02 from when they peaked at $306,200 in 2018-Q3

The Zillow Market Health Index for Troy, MI (48085) is 3.56. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is lower than the overall Market Health Index of Detroit-Warren-Dearborn.


Demographics of Troy zipcode 48085
The median age here is 42.90. This age is 112.9% the national median age.
This population is significantly older.
The number of male residents is 12,271 with a median age of 41.90 years. The number of female residents is 12,389 with a median age of 43.90 years. This yields a ♂ to ♀ ratio of 0.99
The average household is 2.89 persons and has an income of $118,363.
The average family size in Troy is 3.20.
Area Code: 248/947
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 523
Employment: 4,766
Medicare Area: Warren-Troy-Farmington Hills, MI
County: OAKLAND

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