The housing market in Derby, KS is thriving. The median value of homes in the city is $264,000 which is lower than the US median house value of $338,100. Over the past year, house appreciation in Derby has been 14.42%, which is much higher than the US average of 8.27%. This indicates that homes in Derby are gaining value faster than the national average and that there is a strong demand for housing in the area.
The median home cost in Derby is $264,000. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Derby is up 14.9%.
Average Age of Homes
- The median age of Derby real estate is 31 years old
The Rental Market in Derby
- Renters make up 27.5% of the Derby population
- 0.8% of houses and apartments in Derby, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.