Market Overview
Home Prices in Troy, VA
The median home value in Troy, VA is $460,181 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Troy are priced12% above average. Troy is part of the Charlottesville, VA metro area.
Over the past five years, Troy home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Troy Home Price Trend
2020
$307,699
$308K
—
2021
$358,311
$358K
+16.4%
2022
$403,180
$403K
+12.5%
2023
$408,643
$409K
+1.4%
2024
$437,341
$437K
+7.0%
2025
$451,306
$451K
+3.2%
2026
$460,181
$460K
+2.0%
City Comparison
Troy vs. National Median
🏠 Troy
$460,181
National Median
$410,000
At $460,181, homes in Troy cost 12% above the national median of $410,000. Buyers in Troy should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Troy?
20% Down Payment
$92,036
on $460,181
Monthly P&I
$2,400/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,048/mo
incl. taxes & insurance
Income Needed
$121,920
gross annual (30% rule)
10% Down Option
$46,018
+ PMI applies
Loan Amount (20% dn)
$368,145
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Troy, VA?
The median home value in Troy is $460,181 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Troy?
Over the past year, home values in Troy have increased by 2%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Troy?
To comfortably afford the median home price of $460,181 with a 20% down payment ($92,036) at today's rates (6.8%), you'd need a gross annual income of approximately $121,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Troy compare to the national average home price?
The national median home value is approximately $410,000. At $460,181, homes in Troy are 12% above the national average.
What metro area is Troy part of?
Troy is part of the Charlottesville, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.