Troy Homes under $500,000

Welcome to Troy, Michigan—a vibrant city that beautifully blends suburban charm with urban convenience. Nestled in the heart of Oakland County, Troy is known for its excellent schools, diverse dining options, and abundant shopping experiences, making it an ideal place for families, young professionals, and retirees alike. With its well-planned neighborhoods, lush parks, and community events, Troy offers a warm and welcoming atmosphere that residents proudly call home.

For those seeking affordable housing options, Troy boasts a variety of homes priced under $500,000, making it an attractive destination for first-time homebuyers and those looking to downsize without compromising on quality. From charming single-family homes with spacious yards to modern townhouses featuring contemporary designs, there’s something for everyone in this dynamic market. Many of these homes are situated in friendly neighborhoods, providing easy access to local amenities, parks, and schools.

Living in Troy means enjoying a wealth of recreational opportunities, including the scenic Troy Historic Village, the expansive Troy Nature Center, and numerous golf courses. The city’s strategic location also offers convenient access to major highways and public transportation, making commutes to nearby Detroit and other metropolitan areas a breeze.

Whether you’re looking for a cozy starter home or a spacious residence to accommodate a growing family, Troy’s real estate market under $500,000 presents an exceptional opportunity to invest in a thriving community. Explore the charm of Troy today and discover your dream home in this delightful city!

Newest Troy Homes under $500,000

$219,000

5111637 MLS

Remodeled duplex in the village of North Troy offering two spacious units, each with 3 bedrooms and 2 baths. The property features a mix of hardwood, softwood, and tile flooring, along with a covered porch, storage space, and a full unfinished basement. Public water and sewer, separate electric meters, and multiple heating options add to the functionality of the property. Situated on a 0.41-acre lot with paved public road frontage, the home is conveniently located near local schools and the year-round recreational opportunities of Vermont's Northeast Kingdom. The property also offers flexible income potential. One unit is currently rented for $1,000 per month on a month-to-month basis, while the second unit has been used as a short-term rental for guests visiting the area for skiing and other seasonal recreation. This setup provides options for continued investment use or owner occupancy with rental income from the second unit.

31 Hill St, Troy

$355,000

3 Beds ⋅ 2 Baths ⋅ 5110400 MLS

Step into the timeless charm of this classic 1899 New Englander, offering a wonderful blend of historic character and comfortable everyday living. Set on .39 of an acre near the central square of Troy, this inviting 3-bedroom, 2-full-bath home provides plenty of space both inside and out. The main level features a welcoming living room, formal dining room, one of the full baths, and an updated eat-in kitchen designed for casual meals and gathering with family and friends. Three bedrooms, a small room for an office or nursery and another full bath upstairs provide flexibility for family, guests, or work-from-home needs. Outdoor living is a true highlight, with two levels of covered porches, a spacious deck, and a generous yard offering room to relax, garden, entertain, or simply enjoy the peaceful New England setting. Two sheds provide excellent storage for tools, equipment, and outdoor gear. With its historic appeal, practical layout, ample outdoor space, and location just a short distance from the Central Square, this Troy home offers the opportunity to enjoy classic New England living with everyday conveniences close at hand.

18 Granite St, Troy

$100,000

2 Beds ⋅ 2 Baths ⋅ 5109720 MLS

Offering 10.09 acres of mostly open land with wooded areas, this 2003 manufactured home presents an excellent opportunity to own a property with plenty of room to enjoy, improve, and make your own. The 1,008-square-foot home offers 2 bedrooms and 2 baths, including a full bath and a 3/4 bath. The living room features a sliding glass door leading to a rear deck, providing a pleasant spot to take in the surrounding property. The home has a shingle roof, drilled well, and private septic system. The property is in need of repairs and updates and is being offered with this in mind. Financing may be best suited to cash, low loan-to-value conventional financing, or a rehab loan. Located just over 5 miles from Jay Peak Resort, this property offers an appealing combination of acreage, recreational access, and the opportunity to create something special.

1788 Vt Rt 105, Troy

$109,000

4 Beds ⋅ 1 Baths ⋅ 5107647 MLS

It's your turn to imagine and create what this spacious home can become!..So much space and So much potential with some character from its original era; such as a tin ceiling and dining room hardwood floor design. Major improvements were completed about 2020: Standing Seam Roof, Furnace, Hot Water Heater, stabilizing the foundation, and Additions were built in front and back with new basement under each addition. Hardwood floors in 2 of the 4 bedrooms and in the hallway on 2nd story. More room to expand on 3rd level with insulation installed about 2020. Come check this out for your next adventure in flipping or for your own home. Walking distance to school, snack bar, general store, etc.

294 N Pleasant St, Troy

$249,900

3 Beds ⋅ 2 Baths ⋅ 5101888 MLS

Welcome home to this charming 3-bedroom, 2-full-bath property offering comfort, convenience, and plenty of space to enjoy both inside and out. Ideally located just minutes from the Samuel Paul Community Center with an easy commute to Keene, NH, this home combines a peaceful setting with everyday accessibility. The recently updated kitchen features modern finishes, newer appliances, and plenty of cabinet space, making meal preparation a pleasure. A finished walk-out basement provides additional living space perfect for a family room, home office, recreation area, or guest accommodations. Outside, you'll fall in love with the beautifully landscaped yard, complete with mature shade trees, a dedicated garden area, and plenty of room to relax or entertain. A garage offers added convenience and storage. Whether you're enjoying the updated interior or spending time in the inviting outdoor spaces, this home has something for everyone. Some work needed to make this home your very own!

40 South St, Troy

$79,900

3 Beds ⋅ 1 Baths ⋅ 5100600 MLS

Well maintained 1969 Ritz-craft Mobile Home in an over-55 park. This well maintained three bedroom one bath sits on a corner lot for larger yard. Addition of family room or a fourth bedroom, and a 12x12 covered three season porch. Ramp for easy entry. Park maintains yard and snow removal.

10 Woodland Park, Troy

$395,000

3 Beds ⋅ 3 Baths ⋅ 5100449 MLS

TO BE BUILT. 1500 squre ft 3 bed 2 bath 1 car garage, new construction on quiet South St in Troy, NH, granite countertops, gas fireplace. Construction has started; completion date of 10/10/2026

333 South St Unit lot 2 unit B, Troy

$85,000

2 Beds ⋅ 5100402 MLS

Bring your vision to life with this exciting opportunity in Troy, Vermont! Nestled on a spacious 0.52-acre corner lot, this 2-bedroom, 2-bath home is just minutes from Jay Peak Resort and features direct access to the VASA trail system, making it an ideal location for outdoor enthusiasts. Already cleared out and ready for renovations, the property offers the perfect blank canvas to create something truly your own. Whether you're looking for a primary residence, a vacation retreat, or your next investment project, this property is full of potential. Being sold as-is, as seen.

232 Mill St, Troy

$219,000

4 Beds ⋅ 2 Baths ⋅ 5098353 MLS

This well-maintained 2-story home offers 4 bedrooms, 1 full bath, and 1¾ bath, along with a large open addition that provides plenty of extra living space. The current owner has completed numerous updates throughout the home, making it move-in ready while leaving room for your personal touches. Enjoy the nicely sized backyard featuring a small fire pit, perfect for relaxing or spending time with family and friends, as well as a spacious back deck and a newly rehabilitated covered front porch. An oversized 1-car garage provides extra room for storage or a workshop. Conveniently located just 5 miles from Jay Peak, this home offers easy access to year-round recreation while providing a comfortable place to call home.

67 Elm St, Troy

$129,000

5097040 MLS

Spacious and well-located duplex in the heart of North Troy village! Each unit features: • 2 comfortable bedrooms • 1 full bathroom • Bright living space • Convenient layout Located within walking distance to schools and local stores, making everyday errands easy. Outdoor lovers will appreciate being just a short drive to great downhill skiing and year-round recreation. Quiet village setting with small-town charm while still close to everything you need

46 High St, Troy

$274,900

2 Beds ⋅ 1 Baths ⋅ 5090422 MLS

Tucked away in North Troy on one of the larger lots in the neighborhood, this home offers the kind of Vermont lifestyle you’ve been searching for. Dreaming of gardens, a spacious yard, and a little more self-sufficiency? You’ve found it. Looking for a safe space for pets, entertaining, or simply enjoying life a little more? This property delivers. Step out onto the beautiful two-tier back deck with your morning coffee and listen to the birds, or spend summer evenings enjoying a backyard that feels private and peaceful. Mature trees, a cozy hammock area, chicken coop, and even a small stream running along the edge of the property help create your own private retreat. Inside, the home is warm, welcoming, and filled with natural light. Originally built in 1888, the property has been thoughtfully updated over the years while still maintaining the character and charm that makes older homes so special. Real hardwood floors, a cozy pellet stove, inviting living spaces, and an updated kitchen featuring newer appliances make this feel like home the second you walk in. The insulated and powered workshop/shed and oversized carriage barn provide excellent additional space and flexibility for hobbies, storage, projects, or creative use. And the third-floor space? Full of potential and opportunity, it’s the kind of area that instantly gets your wheels turning while offering the chance to add living space and future value over time. With major improvements already completed, this move-in-ready property blends Vermont charm, outdoor living, flexibility, and lifestyle in a way that’s becoming harder to find. Located just minutes from Jay Peak Resort, Jay State Forest, trails, snowmobiling, outdoor recreation, and Canada, this property is perfectly positioned for year-round adventure while still offering the charm and comfort of small-town living. This is the kind of opportunity that doesn’t come along often. It's one you won’t want to miss!

74 N Pleasant St, Troy

$199,000

3 Beds ⋅ 3 Baths ⋅ 5088980 MLS

Refreshing small-town living awaits in this beautifully maintained 3 bedroom, 2.75 bath ranch home featuring two spacious decks and a fenced-in backyard perfect for relaxing or entertaining. Inside, you’ll find an amazing eat-in kitchen with granite countertops, a large sun-filled living room, and three generously sized bedrooms, including a primary suite with a private en-suite bath. The fully insulated basement adds exceptional flexibility with a finished bonus room, bathroom, and walk-in closet, ideal for guests, a home office, recreation space, or additional living area. A detached garage offers extra storage and convenience. Located just minutes from Jay Peak Resort and walking distance to post office, school and convenience store. Whether you're looking for a primary residence, retirement home or investment opportunity, this charming Vermont home is the perfect blend of comfort, functionality, and four-season enjoyment.

31 South St, Troy

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