48085 Home Values & Market Trends

There are 348 homes currently listed for 48085. 48085 real estate market trends show that home prices range from $288,900 to $1,250,000, and the median sales price in the 48085 zip code is $476,096. The total number of properties sold within the past twelve months is 324. In 48085, 3 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

48085 Real Estate Market Overview

CityMedian Est. Value
Troy

$ 463,067

$ 240/sqft

Housing Market Summary for 48085

Sep 2025September 2026Change
Median Listing Price$459.9K$459.9K-
Median Sold Price$461.1K$452.5K-1.86%
Homes For Sale23534345.96%
Homes Sold223159-28.70%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48085

The median list price of a home in Troy, is $476,096. A total of 348 properties are for sale, and the percentage of properties for sale in the zip code is 348.00%. The total count of 48085 properties is 502.

Foreclosure
There is 1 cities within 48085; within this cities, the median estimated home value for homes in foreclosure ranges from $1,043,819 in troy to the lowest value of $316,495 in troy. Foreclosure homes account for 0.00% of properties in 48085 with troy containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48085 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48085; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48085 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 48085. There is 1 cities within 48085; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    troy has 9 auction properties, the highest number of properties going to auction in a single city in the state of 48085. Auction homes and other auction properties account for 0.60% of all properties in 48085. There is 1 cities within 48085; of that cities, the median estimated home value for homes going to auction ranges from $1,043,819 in troy to the lowest value of $316,495 in troy.
Homes for Sale
Homes and properties that are actively listed for sale account for 69.32% of residential properties in 48085 with troy containing 1146 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48085; homes for sale in that cities, have a range of median values from $1,875,517 in troy to the lowest value of $144,900 in troy.
    Sold Homes
    The median value for recently sold homes ranges from $1,566,808 in troy to the lowest price of $106,222 in troy. There is 1 cities within 48085. troy has 403 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 29.48% of properties in 48085.

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      Guide for 48085

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes 48085

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