The housing market in Derby, IN is doing well, with a median value of $207,500. This is significantly lower than the US median value of $338,100, but it still represents an 8.45% house appreciation over the past year- higher than the national average of 8.27%. It is a great time to invest in Derby real estate as prices are likely to continue to appreciate in the near future.
The median home cost in Derby (zip 47525) is $207,500. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Derby (zip 47525) is up 13.8%.
Average Age of Homes
- The median age of Derby (zip 47525) real estate is 36 years old
The Rental Market in Derby (zip 47525)
- Renters make up 0.0% of the Derby (zip 47525) population
- 0.0% of houses and apartments in Derby (zip 47525), 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.