Current Price

$300,463

1 Month Forecast

â–² $325,556

1-Year Forecast *

â–² $341,232

5-Year Forecast *

â–² $397,170

"Is it a good time to buy homes in Troy?" "Does investing in real estate in Troy (Illinois State, Madison County) worth it?" According to our live Forecast System, buying a house in Troy is a good short-term (1-year) investment*. The Troy average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Troy" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Troy in Illinois State, Madison County. If you are looking for homes for sale with good flipping profit, Troy can be a profitable property investment option. The median price of an average house in Troy was 300,463 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Troy" area is 397,170 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +32.19% meaning that investing 100000 USD today may yield a profit of 32,186 USD by 2031.

Current Median Listing Price: 300,463 USD Median Listing Price Per Square Foot: 167 USD

Troy Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Troy (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Troy Price Target

Troy median home price target in 12 months: $341,232* (upside of 13.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $314,760 $324,008 $314,760 $324,008
2024 $287,693 $300,463 $287,693 $300,463
2023 $273,182 $287,279 $272,045 $287,279
2022 $255,206 $274,196 $255,206 $274,196
2021 $233,135 $252,876 $233,135 $252,876
2020 $209,286 $230,387 $209,286 $230,387
2019 $200,153 $207,725 $200,153 $207,725
2018 $192,718 $199,004 $192,718 $199,004
2017 $188,954 $192,391 $188,954 $192,391
2016 $181,457 $188,414 $181,457 $188,414
2015 $177,109 $181,559 $177,063 $181,559
2014 $170,758 $177,145 $170,758 $177,145
2013 $173,541 $171,120 $171,120 $173,798
2012 $174,799 $173,629 $171,735 $174,799

Questions & Answers about the Troy Housing Market Forecast

How much does an average home cost in Troy today?

The value of an average home (the listing price) in Troy is $300,463 USD.

What is the average price per square foot in Troy?

According to Walletinvestor the median price per square foot in Troy is 167 USD.

Will the median listing price of homes in Troy grow / rise / go up?

Yes. The Troy home prices may rise from 300,463 USD to 341,232 USD in one year.

Is it profitable to invest in Troy homes?

Yes. The long-term profit potential is +13.57% in one year.

Will Troy house prices fall / drop?

No. See above.

What is the predicted price of a Troy home in 2030?

The predicted home sales price of a Troy home in 2030 in Troy is 378,535 USD.

What is the predicted price of a Troy home in 2035?

The predicted home sales price of a Troy home in 2035 in Troy is 464,245 USD.

Will real estate prices decrease in Troy?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Troy is the 4814. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Madison, Troy decreased, looking at the past 12 months.

According to Walletinvestor's Troy real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.658% to 300,463 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 14.979% in 2021
  • 15.039% in 2022
  • 14.309% in 2023
  • 15.199% in 2024
  • 14.309% in 2025
  • 14.339% in 2026

Based on our Troy real estate market research and report the predicted sales prices will increase by 256.935% in the next 10 years.

Over the last 12 months, the value of homes in Troy fluctuated: increasing 5 times .

Troy (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Troy Housing Market Forecast with Real Estate Prices for 2025
August 2025 325556 305372 345741
September 2025 327112 301270 352954
October 2025 328675 298108 359242
November 2025 330245 309110 351381
December 2025 331823 302623 361024
Troy Housing Market Forecast with Real Estate Prices for 2026
January 2026 332931 312289 353573
February 2026 333389 301383 365394
March 2026 334788 317714 351862
April 2026 336387 304767 368008
May 2026 337995 305885 370104
June 2026 339610 314478 364741
July 2026 341232 318370 364095
August 2026 342863 313376 372349
September 2026 344501 317285 371716
October 2026 346147 313263 379031
November 2026 347801 315803 379798
December 2026 349462 327097 371828
Troy Housing Market Forecast with Real Estate Prices for 2027
January 2027 350472 318929 382014
February 2027 350355 331786 368924
March 2027 350641 326096 375186
April 2027 350866 317884 383847
May 2027 350905 329500 372310
June 2027 350080 329075 371085
July 2027 349443 320789 378098
August 2027 348622 315852 381393
September 2027 349216 323374 375058
October 2027 350511 316862 384160
November 2027 352186 321193 383178
December 2027 353868 325559 382178
Troy Housing Market Forecast with Real Estate Prices for 2028
January 2028 355559 323203 387915
February 2028 357258 333322 381194
March 2028 358883 325866 391900
April 2028 359907 341552 378262
May 2028 360541 329895 391187
June 2028 361060 338314 383807
July 2028 361630 331976 391283
August 2028 362749 335543 389955
September 2028 364372 333400 395344
October 2028 366103 338279 393927
November 2028 367326 339776 394875
December 2028 368436 344119 392752
Troy Housing Market Forecast with Real Estate Prices for 2029
January 2029 369849 333973 405724
February 2029 371616 352663 390568
March 2029 373391 336052 410731
April 2029 375118 350360 399876
May 2029 376277 339026 413528
June 2029 378075 344426 411723
July 2029 378535 356580 400491
August 2029 378973 341454 416491
September 2029 380515 356923 404106
October 2029 382333 346393 418272
November 2029 384159 351506 416813
December 2029 385995 360519 411471
Troy Housing Market Forecast with Real Estate Prices for 2030
January 2030 387839 367284 408395
February 2030 389692 351502 427882
March 2030 391554 355140 427969
April 2030 393425 356050 430800
May 2030 395305 364076 426534
June 2030 396624 370844 422405
July 2030 397170 366587 427752
August 2030 398836 364138 433535
September 2030 400742 365477 436007
October 2030 402657 377692 427622
November 2030 404581 375451 433710
December 2030 406514 380090 432937
Troy Housing Market Forecast with Real Estate Prices for 2031
January 2031 408456 370470 446442
February 2031 410408 374292 446523
March 2031 412369 375255 449482
April 2031 414339 387821 440856
May 2031 416318 384678 447959
June 2031 417521 377022 458021
July 2031 417382 392339 442425
August 2031 417722 380963 454482
September 2031 417990 387477 448504
October 2031 418037 377487 458587
November 2031 417054 396202 437907
December 2031 416296 385074 447518
Troy Housing Market Forecast with Real Estate Prices for 2032
January 2032 415318 392475 438160
February 2032 416026 387320 444731
March 2032 417568 380822 454314
April 2032 419563 387257 451869
May 2032 421568 396695 446440
June 2032 423582 386307 460857
July 2032 425606 404325 446886

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.