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MI area data

New Troy, MI

New Troy, MI.

Population: 134 (Census ACS)

The median home value in New Troy, MI is $137,500. Homes sell for a median $199,900 after a median 20 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$137,500

Median home value

20

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$137,500
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$199,900
Median price per sqft
$173
Median days on market
20 days
Homes sold (recent period)
1
Sale-to-list ratio
100.0%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$802/mo
1BR fair-market rent
$887/mo
2BR fair-market rent
$1,152/mo
3BR fair-market rent
$1,512/mo
4BR fair-market rent
$1,514/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
strongWind, coldWave, hail, inlandFlooding, lightning
Notable hazard ratings (county)
hail: Relatively Moderate · tornado: Relatively Moderate · coldWave: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low · lightning: Relatively Moderate
Wildfire risk to homes (county)
Higher than 7% of US counties
Buildings in wildfire direct-exposure zone
47.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Electrovoice (10.5 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
59.0°F
Average low
42.0°F
Annual precipitation
42.3 in
Annual snowfall
65.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
212
Days with Moderate air quality
47
Highest AQI recorded (year)
147

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
2
Nearest national park
Indiana Dunes National Park (33 mi)
National parks include
Indiana Dunes National Park, Pullman National Historical Park
Airports within 30 mi
29
Nearest airport
Southwest Lakes Airpark (3 mi)
Nearest major airport
South Bend International Airport (SBN) (16 mi)
Hospitals nearby (~15 mi)
22
Hospitals include
NORTHWEST HEALTH-LA PORTE, SAINT JOSEPH REGIONAL MEDICAL CENTER, UNITY PHYSICIANS HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,938
Housing built before 1970
89.6%
Housing built 2000 or later
0.0%
Median annual property tax
$1,531
Households with broadband internet
85.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
52,215
Average weekly wage
$1,117
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
372

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

New TroyState medianUS median
Median sale price$199,900$265,000$325,000
Median days on market20 days36 days51 days
Median annual property tax$1,531$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in New Troy, MI?
$137,500.
What is the median sale price in New Troy, MI?
$199,900.
How long do homes take to sell in New Troy, MI?
Median days on market: 20 days.
What is typical rent in New Troy, MI?
2-bedroom fair-market rent: $1,152/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in New Troy, MI?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, inlandFlooding, lightning.
What is the wildfire risk in New Troy, MI?
Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in New Troy, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near New Troy, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in New Troy, MI?
Good. Median AQI: 41. (EPA AQI).
What is the cost of living in New Troy, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for New Troy

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents