48098
Troy, Michigan.
Troy, Oakland County, MI · Detroit-Warren-Dearborn, MI metro · population 20,936
to buy the typical home at today's mortgage rate — +$1,646 (+116%) since Jan 2020.
- 1 year
- Up $19,594 +3%
- $564,486$584,080 since Sep 2025
- 5 years
- Up $136,761 +31%
- $447,319$584,080 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48098$3,066
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 48098 rose 3.5% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Troy, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48098
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48098$2,414
- Detroit$1,514
- United States$1,932
Typical home value — 48098
Mid-tier homes, smoothed and seasonally adjusted.
- 48098$584,080
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 124 zips in range — sorting picks from all 124.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.7 | 48084 | Troy | 15,960 | $1,671 | $477,047 |
| 2.9 | 48304 | Bloomfield Hills | 17,387 | $2,791 | $540,264 |
| 3.0 | 48085 | Troy | 27,231 | $2,586 | $456,871 |
| 4.1 | 48309 | Rochester | 30,685 | $2,175 | $481,294 |
| 4.3 | 48083 | Troy | 23,771 | $1,895 | $352,514 |
| 4.3 | 48009 | Birmingham | 21,772 | $2,682 | $744,196 |
| 4.5 | 48017 | Clawson | 11,350 | $1,578 | $283,554 |
| 5.1 | 48307 | Rochester | 44,714 | $1,795 | $413,997 |
| 5.6 | 48073 | Royal Oak | 33,106 | $1,711 | $318,952 |
| 5.8 | 48342 | Pontiac | 17,564 | $1,359 | $125,270 |
| 6.0 | 48302 | Bloomfield Hills | 17,505 | $2,167 | $730,285 |
| 6.2 | 48310 | Sterling Heights | 43,354 | $1,563 | $314,282 |
| 6.2 | 48341 | Pontiac | 18,924 | $1,602 | $146,619 |
| 6.4 | 48314 | Sterling Heights | 21,803 | $1,711 | $357,702 |
| 6.5 | 48326 | Auburn Hills | 24,514 | $1,799 | $280,450 |
| 6.5 | 48301 | Bloomfield Hills | 14,682 | $3,070 | $793,537 |
| 7.0 | 48072 | Berkley | 15,149 | $2,014 | $312,744 |
| 7.1 | 48025 | Franklin | 14,734 | $2,874 | $641,764 |
| 7.2 | 48317 | Utica | 27,565 | $1,446 | $296,225 |
| 7.4 | 48071 | Madison Heights | 28,419 | $1,565 | $215,497 |
| 7.5 | 48076 | Southfield | 25,405 | $1,656 | $291,947 |
| 7.5 | 48340 | Pontiac | 25,669 | $1,328 | $135,858 |
| 7.8 | 48067 | Royal Oak | 24,868 | $2,099 | $338,836 |
| 8.1 | 48070 | Huntington Woods | 6,328 | — | $539,933 |
| 8.2 | 48320 | Keego Harbor | 4,277 | — | $298,874 |
| 8.5 | 48092 | Warren | 27,374 | $1,741 | $238,382 |
| 8.7 | 48306 | Rochester | 28,389 | $1,872 | $596,912 |
| 8.9 | 48316 | Utica | 28,784 | $1,750 | $413,142 |
| 9.0 | 48069 | Pleasant Ridge | 2,602 | — | $482,669 |
| 9.1 | 48034 | Southfield | 14,796 | $1,473 | $253,920 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.