The median home value in Troy, AL is $172,000. This is higher than the county median home value of $158,500. The national median home value is $277,796. The average price of homes sold in Troy, AL is $172,000. Approximately 44% of Troy homes are owned, compared to 45% rented, while 11% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Troy real estate agent to arrange a tour today! Learn more about Troy Real Estate.