The housing market in Derby, VT is considerably strong as evidenced by its median home value of $263,500. This figure is substantially lower than the US median home value of $338,100 and it reflects a much higher 1-year house appreciation rate of 15.30%, compared to 8.27% nationally. This indicates that Derby, VT real estate is a great investment option for those looking to purchase a home in the area. With the strong market performance and attractive prices, buyers should have no difficulty finding a great deal on a desirable property.
The median home cost in Derby is $263,500. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Derby is up 19.1%.
Average Age of Homes
- The median age of Derby real estate is 43 years old
The Rental Market in Derby
- Renters make up 18.0% of the Derby population
- 0.6% 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.