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

All states·Ohio·Troy

Miami County · Dayton-Kettering · population 27,122

First-time buyers
Troy, OH
Image: Wikipedia · Troy, Ohio
OverviewCost of livingMoving guide
View watchlist →
73
Rising
Momentum score · 0–100

Where Troy stands

At or near all-time high.

Median home $282,582
1-year +3.6%
5-yr CAGR +6.4%
vs 5-yr peak +0.0%
Population +0.8%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$283k$137k$189k$242k$294k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
84/100
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
$1,433/mo$1,092$1,327$1,562202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent125122100120202220242026

Rent vs buy

Price-to-rent ratio: 16.4
Lean buy

At a 16.4 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
68 · w22%
Home 5-yr CAGR
72 · w22%
Distance from peak
90 · w18%
Population growth
60 · w16%
Rent YoY
75 · w12%
Home 10-yr CAGR
73 · w10%
Long thesis

Troy is a Rust Belt market with +0.8% population growth — a rare combination. You're buying real housing for less than the cost of a coastal studio in a city the data says is finally turning.

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 Miami County, Ohio, with an estimated population of 27,122. It anchors the Dayton-Kettering metro area. The population grew 0.8% annually from 2020 to 2024, a moderate gain. The median home value in Troy is $282,582 as of 2026-04, up 3.6% 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 $1,433 per month, up 4.5% year-over-year. The composite momentum score is 73 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: +3.6% 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 Miami County, Ohio, United States. The population was 26,305 at the 2020 census, making it Miami County's largest city and Ohio's 55th-largest. Troy lies along the Great Miami River about 19 miles (31 km) north of Dayton and is part of the Dayton metropolitan area.

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

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 Miami County right now.

NWS active alerts (OH)Ohio Emergency ManagementHow to prepare (NWS)

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

Cities like Troy

Lancaster, OH72 · RisingMassillon, OH71 · RisingPainesville, OH70 · RisingWadsworth, OH73 · 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)
36° / 21°
avg high / low
Summer (Jul)
83° / 64°
avg high / low
Sunny days/yr
178
~49% of year
Annual precip
39″ rain
28″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
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 Dayton-Kettering area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$67,800
Ohio state median
Top industries (state-level)
ManufacturingHealthcareFinance

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

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