Troy, NY — Momentum Score, Home Values & Best-For

All states·New York·Troy

Rensselaer County · Albany-Schenectady-Troy · population 51,065

First-time buyers
Troy, NY
Image: Wikipedia · Troy, New York
OverviewCost of livingMoving guide
View watchlist →
71
Rising
Momentum score · 0–100

Where Troy stands

At or near all-time high. home values up 4.6% in the last year.

Median home $289,845
1-year +4.6%
5-yr CAGR +6.4%
vs 5-yr peak +0.0%
Population -0.2%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$290k$148k$199k$250k$301k201620182020202220242026

Lifestyle scores

🚶
Walkability
52/100
Somewhat walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
82/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

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 trajectory · last 5 years

Zillow ZORI · monthly
$1,519/mo$1,049$1,330$1,610202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent137133100120140202220242026

Rent vs buy

Price-to-rent ratio: 15.9
Lean buy

At a 15.9 price-to-rent ratio, Troy is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
73 · w22%
Home 5-yr CAGR
72 · w22%
Distance from peak
90 · w18%
Population growth
43 · w16%
Rent YoY
74 · w12%
Home 10-yr CAGR
69 · w10%
Long thesis

Troy has held up across the cycle: home values at $289,845 with +6.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

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 Rensselaer County, New York, with an estimated population of 51,065. It anchors the Albany-Schenectady-Troy metro area. The median home value in Troy is $289,845 as of 2026-04, up 4.6% over the last 12 months. Over the last five years, home values have averaged +6.4% annual growth, with prices at or near the 5-year peak. Rents in Troy average $1,519 per month, up 4.4% year-over-year. The composite momentum score is 71 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +6.4% annualized over 5 years, outpacing US inflation.
●Quiet strength: +4.6% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Troy (Wikipedia)

Troy is a city in and the county seat of Rensselaer County, New York, United States. It is located on the western edge of the county, on the eastern bank of the Hudson River just northeast of the capital city of Albany. At the 2020 census, the population of Troy was 51,401. Troy has close ties to Albany and nearby Schenectady, forming a region called the Capital District, which has a population of 1.24 million.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorCarmella Mantello
Area11.06 sq mi
Settled1787
NicknameThe Collar City
Density4962.92/sq mi

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Rensselaer County right now.

NWS active alerts (NY)New York Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Rensselaer County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Troy

9 tracked · ranked by median home value
1Downtown$442,553+0.2%
2Frear Park$294,710+3.8%
3Sycaway$281,265+3.0%
4Eastside$280,194+3.7%
5The Hill$255,136+2.0%
6South Troy$248,366+4.8%
7South Central$237,883-0.0%
8Lansingburgh$220,448+4.8%
9North Central$130,693-5.0%

Cities like Troy

Albany, NY72 · RisingSaratoga Springs, NY72 · RisingFreeport, NY69 · RisingMiddletown, NY72 · Rising

Run the numbers for Troy

ToolCan I afford Troy?Income → city shortlistToolROI on a Troy rentalCap rate, cash-on-cash, DSCRToolCompare Troy to anywhereSide-by-side up to 3 citiesToolTroy cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
33° / 19°
avg high / low
Summer (Jul)
82° / 63°
avg high / low
Sunny days/yr
183
~50% of year
Annual precip
41″ rain
60″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Moderate
Tornado
Very low
Wildfire
Very low
Earthquake
Very low
Flood
Moderate

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

Loading current conditions…

7-day forecast on weather.gov →

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 news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Albany-Schenectady-Troy area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$81,400
New York state median
Top industries (state-level)
Finance (NYC)MediaHealthcare

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.

See all New York cities →    Browse best-of lists →