Zip 49119 (New Troy, MI) Housing

The housing market in 49119 New Troy, MI is doing well. The median value for housing in the area is $214,400, which is significantly lower than the US median value of $338,100. Despite this, the appreciation rate of housing in New Troy over the last year was even higher than the national average at 11.06%, showing that the area's real estate market is thriving. This makes New Troy a great place to invest in real estate and settle down for a long time.

The median home cost in New Troy (zip 49119) is $214,400. Home appreciation the last 10 years has been 85.3%. Home Appreciation in New Troy (zip 49119) is up 19.5%.

Average Age of Homes

- The median age of New Troy (zip 49119) real estate is 78 years old

The Rental Market in New Troy (zip 49119)

- Renters make up 0.0% of the New Troy (zip 49119) population
- 0.0% of houses and apartments in New Troy (zip 49119), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Troy, Michigan	United States
	55.0	139,647,020.0
	66	42
	$214,400	$338,100
	19.5%	16.6%
	59.8%	57.0%
	85.3%	101.1%
	$12.32	$10.98
	$1,232	$2,690
	70.9%	57.4%
	0.0%	11.2%
	29.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	20.5%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	10.3%	4.5%
	12.8%	11.3%
	28.2%	13.0%
	0.0%	20.1%
	15.4%	13.6%
	12.8%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	7.3%	13.6%
	0.0%	13.2%
	20.0%	14.8%
	7.3%	13.6%
	21.8%	10.0%
	0.0%	4.7%
	40.0%	12.2%

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