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Foreclosure Homes in Derby, KS

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Derby, KS Foreclosures

How much do homes sell for in Derby, KS?
The average home price is currently $290,421.
In Derby, KS, how many homes are available?
There are currently 49 active home listings available in Derby.
What’s the average rental cost in Derby, KS?
The average rental price in Derby is $1,350.
What is the most expensive home in Derby?
The most expensive home sold in Derby had a price of $3,382,400.
What is currently the cheapest priced home in Derby, KS?
The cheapest home for sale in Derby is priced at $11,494.

Living in Derby, KS

Derby, Kansas is a charming suburban community located just south of Wichita. With a population of approximately 26,000, Derby offers a family-friendly environment, excellent schools, and a variety of recreational activities. The city has a small-town feel with quick access to the amenities of a larger metropolitan area, making it an attractive place to live for families and professionals alike.

Current Market Conditions in Derby, KS

The real estate market in Derby is currently trending upwards, with an increasing demand for homes due to the area's appealing lifestyle and strong community spirit. Home prices have seen a steady increase over the past year, reflecting the growing interest from potential buyers.

Investments in local amenities and infrastructure have made Derby an attractive option for young families and retirees alike, contributing to the upward trajectory in home values.

Home Value Estimator For Derby, KS

There are currently 9,327 real estate properties in Derby, KS, with a median automated valuation model (AVM) price of $273,398.00. 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, KS, 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, KS, is $290,421.00, with the most expensive house in Derby, KS, topping out at $3,382,400.00 and the cheapest home in Derby, KS, clocking in at $11,494.00. In other words, there’s something for every potential homebuyer or savvy investor in Derby, KS!

Rent Prices In Derby, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Derby, KS, is on a rollercoaster ride. The average rent price in Derby, KS, is $1,350.00. Indeed, when looking to rent in Derby, KS, you can expect to pay as little as $550.00 or as much as $2,980.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Derby, KS -- 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.

Derby, KS Foreclosures

Market Trend for Derby, KS

Total Listings Available: 49

Market Values:

Home Prices from $11,494 to $3,382,400

Average Sales Price: $290,421

Rental Values:

Rental from $550 to $2,980

Average Rent Value: $1,350 / month

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