Troy, MI: Real Estate Guide & Market Insights by Ed Brittingham - March 2026

If you only remember one closed data point right now, make it this a typical sale took 29 days last month, and recent offers landed about 98.2% of asking. In the same recent period, supply sat at 1.31 months, and a typical closed price was $473,250 for single-family homes in Troy, MI.

The practical impact is simple the market can still move, but it does not forgive sloppy sequencing. Some metrics were not reported for this period. Even with that limitation, the combination of a 29-day typical sale timeline and offers near asking gives me a clear planning window for upsizers who need predictability between selling and buying.

Protect your transition plan. First, pick your target move date and work backward using that typical 29-day pace so you know when your current home must be live to support your next purchase timeline. Second, keep your offer strategy grounded in the recent reality that accepted deals averaged about 98.2% of asking, so you do not over-commit and squeeze your cash needed for the move. Third, if you need the next home to be ready on a specific date, align contract terms to reduce overlap risk rather than guessing your sale will happen faster than the recent norm.