Pike County · Troy · population 17,734
Where Troy stands
At or near all-time high.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 13.5 price-to-rent ratio, buying generally beats renting in Troy on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.5 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Troy offers a $181,796 median home with +3.9% annualized 5-year appreciation. Affordability + positive trend is one of the better risk/reward setups in US residential — small downside, room to compound.
Troy's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Troy
Troy is a city in Pike County, Alabama, with an estimated population of 17,734. The median home value in Troy is $181,796 as of 2026-04, down 0.2% over the last 12 months. Over the last five years, home values have averaged +3.9% annual growth, with prices at or near the 5-year peak. Rents in Troy average $1,124 per month. The composite momentum score is 56 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
▲ Bull case
▼ Bear case
Playbook
Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.
Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.
Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.
Local safety & alerts
No active National Weather Service alerts for Pike County right now.
Public-safety links are official .gov sources, not curated by us. Pike County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Troy
Run the numbers for Troy
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Troy listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the Troy area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Troy
Explore other places with comparable momentum or affordability.