Market Trends: 5/18/2012
Troy
Market Snapshot
Total Properties Listed:
320
Month-Over-Month Change: -1.23%
Average List Price:
$163,198
Month-Over-Month Change: -.28%
Median List Price:
$149,000
Month-Over-Month Change: N/A
Typical Property
Multi-Family
3.23 Bedrooms
1.77 Baths
$163,198 Average List Price
$100/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$27,000
2 Bedrooms:
$124,097
3 Bedrooms:
$152,907
4 Bedrooms:
$141,143
5 Bedrooms:
$164,073
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Troy Real Estate
About Troy
Troy is a city in New York and the seat of Rensselaer County. Troy is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany and Schenectady, forming a region popularly called the Capital District. The city is one of the three major centers for the Albany-Schenectady-Troy Metropolitan Statistical Area (MSA), which has a population of 850,957. At the 2000 census, the population of Troy was 49,170, 19,996 households and 10,737 families residing in the city.
Troy is known as the Collar City due to its history in shirt, collar, and other textile production. At one point Troy was also the second largest producer of iron in the country, surpassed only by the city of Pittsburgh, Pennsylvania.
Troy is home is Rensselaer Polytech Institute, Hudson Valley Community College and Sage College. It also houses prestigious private school Emma Willard.
On December 23, 1823, The Troy Sentinel was the first publisher of the world-famous Christmas poem "A Visit from St. Nicholas" (also known as "The Night Before Christmas" or "Twas the Night Before Christmas"). The poem was published anonymously. Its author has long been believed to have been Clement Clarke Moore, but its author is now regarded by a few to have been Henry Livingston, Jr.
Troy is home to many samples of Victorian architecture and iron work. The city has a large number of intact Tiffany stained-glass windows in original architectural settings.[9] With much 19th century architecture, particularly in the Central Troy Historic District, several major movies have filmed in Troy, including Ironweed, The Age of Innocence, Scent of a Woman, The Bostonians, The Emperor's Club, and The Time Machine. There are many buildings in a state of disrepair, but community groups and investors are restoring many of them.
Many notable artists were born or grew up in Troy, including actress Maureen Stapleton and authors Alice Fulton, Don Rittner and Richard Selzer. Past notable residents include Herman Melville, Emma Willard, Russell Sage, and Jane Fonda. Several books by noted author Kurt Vonnegut are set in the fictional city of "Illium", which is modeled after Troy.