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Troy, NY Condo for Sale
Why Live in Troy



The Troy Savings Bank Music Hall stands as an acoustic masterpiece in downtown Troy, drawing music lovers to its renowned performances. History buffs can explore the Oakwood Cemetery, final resting place of "Uncle Sam" Wilson, while Prospect Park provides sweeping views of the Hudson Valley alongside recreational trails. The Central Troy Historic District showcases pristine 19th-century architecture, and the Hart Cluett Museum transports visitors through time in its Federal-style setting. Local dining highlights include Druthers Brewing Company's craft beer selection, authentic Italian cuisine at Testo's Restaurant, and the celebrated barbecue at Dinosaur Bar-B-Que.
The Troy housing market features diverse options across distinct neighborhoods. Downtown Troy has single family homes with a median price of $459,900, while Eastside Troy's single family homes have a median price of $280,000. The Hill area contains townhouses with a median price of $87,500. South Troy's single family homes command a median price of $294,900, and Sycaway's single family homes have a median price of $275,000.
Property taxes in Troy include a 2.19% effective rate in Rensselaer County, lower than Schenectady's 2.46% but higher than Albany's 1.89%. The New York State income tax rate is 5.50% for a yearly salary of $42,741.00, with a combined sales tax rate of 8.53%.
Education options include the A rated Bell Top Elementary School and the A Plus rated Emma Willard School. Rensselaer Polytechnic Institute adds to the educational landscape. The Capital District Transportation Authority connects Troy to the region, with Albany International Airport just 15 minutes away. The Troy Waterfront Farmers Market brings together over 100 local vendors year round, moving indoors to the Troy Atrium during winter months.
Home Trends in Troy, NY
On average, homes in Troy, NY sell after 23 days on the market compared to the national average of 50 days. The median sale price for homes in Troy, NY over the last 12 months is $275,706, up 10% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$275,706
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$366,500
Median 2 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
21
Last 12 months Home Sales
172
Months of Supply
1.50
Median List Price
$268,700
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
10%
Troy Types of Homes for Sale
More About Living in Troy
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