The housing market in Derby Line, VT is a thriving one with the median value for homes being $198,500. This is significantly lower than the US median of $338,100 making it a great place to consider buying a home. Over the past year, house appreciation was 15.30%, higher than the national average of 8.27%. This indicates that not only is Derby Line an affordable area to live in, it is also currently experiencing strong growth and appreciation which makes it a great long-term investment opportunity.
The median home cost in Derby Line is $198,500. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Derby Line is up 19.1%.
Average Age of Homes
- The median age of Derby Line real estate is 74 years old
The Rental Market in Derby Line
- Renters make up 26.0% of the Derby Line population
- 0.0% of houses and apartments in Derby Line, 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.