The housing market in Derby Acres, CA has been thriving for the past year. The median value of a house in Derby Acres is currently $186,500, which is significantly lower than the US House Median Value of $338,100. However, what is impressive is that the 1 year House Appreciation rate in Derby Acres was 10.98%, which is higher than the US average of 8.27%. This shows that despite its affordability, Derby Acres has seen strong growth in its housing market and could be an attractive option for potential homeowners.
The median home cost in Derby Acres is $186,500. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Derby Acres is up 16.4%.
Average Age of Homes
- The median age of Derby Acres real estate is 41 years old
The Rental Market in Derby Acres
- Renters make up 23.2% of the Derby Acres population
- 0.0% of houses and apartments in Derby Acres, 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.