The housing market in Derby, Iowa (50068) appears to be doing quite well. The median value of homes in this area is estimated at $184,400, which is considerably lower than the United States median value of $338,100. However, appreciation rates have been particularly strong in this area. Over the past year, house prices have appreciated by 12.55%, significantly higher than the US average appreciation rate of 8.27%. This growth indicates that the overall housing market in Derby is healthy and continues to strengthen as time goes on.
The median home cost in Derby (zip 50068) is $184,400. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Derby (zip 50068) is up 11.4%.
Average Age of Homes
- The median age of Derby (zip 50068) real estate is 74 years old
The Rental Market in Derby (zip 50068)
- Renters make up 19.8% of the Derby (zip 50068) population
- 0.0% of houses and apartments in Derby (zip 50068), 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.