Troy, IL Real Estate

According to census data in the year 2000 there were 3,129 housing units in Troy. This represents a 37.1% growth from 2,283 in 1990.

Of those housing units, 3,129 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Troy is about 73.3%. Troy's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Troy were built after 1984.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.70%
Two Bedrooms28.10%
Three Bedrooms46%
Four Bedrooms17.40%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1984
Median Value of occupied units$102,900
Median Price asked for vacant units$132,800

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1983
Median Monthly Rent asked for vacant units$484

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan9.10%
Simple Mortgage66.20%
Debt Free16.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%