Building Permits — Troy, Illinois

Showing latest year with year-over-year changes. Full permit history available with a paid plan. View plans →

Year

Insightsi

Construction activity in 2024 was down 7% from the prior year, with 53 housing units permitted.

•279% more units than the average Madison County town (14), suggesting faster-than-typical growth.
•Average unit valued at $218K — 37% below the Madison County average of $344K, indicating more affordable construction.
•3.8% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

53 ▼ 7%

2024

Total Valuei

$11.5M ▼ 9.2%

2024

Single-Familyi

96.2%

51 units

Multi-Familyi

3.8%

2 units

Troy vs. Avg. Madison Co. Town (2024)i

TroyAvg.Diff

Total Unitsi5314+279%

Total Valuei$11.5M$4.8M+140%

Single-Familyi5112+325%

Multi-Familyi22+0%

Buildingsi5213+300%

Value / Uniti$218K$344K-37%

Housing Units Permittedi

Solid line is Troy; dashed line is Madison County average.

Construction Valuei

Solid line is Troy; dashed line is Madison County average.