Derby, IN Foreclosures
How much do homes sell for in Derby, IN?
The average home price is currently $252,372.
In Derby, IN, how many homes are available?
There are currently 1 active home listings available in Derby.
What’s the average rental cost in Derby, IN?
The average rental price in Derby is $1,090.
What is the most expensive home in Derby?
The most expensive home sold in Derby had a price of $1,140,143.
What is currently the cheapest priced home in Derby, IN?
The cheapest home for sale in Derby is priced at $28,496.
Living in Derby, IN
Nestled along the Ohio River, Derby, IN, offers a peaceful rural lifestyle with the charm of a close-knit community. Known for its outdoor recreational activities and beautiful landscapes, Derby attracts those seeking a quieter escape from urban life. The convenient location provides easy access to nearby amenities, making it a desirable place to call home.
Current Market Conditions in Derby, IN
The real estate market in Derby is currently characterized by stable prices and a balanced inventory. With the demand for rural living experiences, properties in the area are attracting interest from buyers seeking tranquility and outdoor activities. The community has seen a modest increase in home values over the past year, reflecting a growing appreciation for the idyllic lifestyle it offers.
As more individuals seek homes away from bustling cities, Derby has become a hidden gem. The median home prices are affordable, appealing to a broad range of buyers, including families, retirees, and young professionals looking for their first home.
Home Value Estimator For Derby, IN
There are currently 191 real estate properties
in Derby, IN,
with a median automated valuation model (AVM) price
of $231,047.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Derby, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Derby, IN,
is $252,372.00, with the most expensive house
in Derby, IN, topping out
at $1,140,143.00 and the cheapest home
in Derby, IN,
clocking in at $28,496.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Derby, IN!
Rent Prices
In Derby, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Derby, IN, is on
a rollercoaster ride. The
average rent price in Derby, IN,
is $1,090.00. Indeed, when looking to rent in
Derby, IN, you can expect to pay as little
as $600.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Derby, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
