Housing & Real Estate — Troy, Alabama
Overview
| Total Housing Units | 8,022 |
| Occupied | 6,333 |
| Vacant | 1,689 |
| Owner-Occupied | 2,987 |
| Renter-Occupied | 3,346 |
| Median Home Value (Census) | $231,400 |
| Estimated 2026 | ~$277,000 |
| Median Rent | $943/mo |
| Median Property Tax | $707/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 49.2% |
Housing Age
| Built 2010 or later | 1,537 |
| Built 2000-2009 | 1,119 |
| Built 1990-1999 | 1,178 |
| Built before 1960 | 1,318 |
| Median Year Built | 1988 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.