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Foreclosure Homes in Derby Line, VT

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Derby Line, VT Foreclosures

How much do homes sell for in Derby Line, VT?
The average home price is currently $261,815.
In Derby Line, VT, how many homes are available?
There are currently 13 active home listings available in Derby Line.
What’s the average rental cost in Derby Line, VT?
The average rental price in Derby Line is $1,078.
What is the most expensive home in Derby Line?
The most expensive home sold in Derby Line had a price of $1,546,200.
What is currently the cheapest priced home in Derby Line, VT?
The cheapest home for sale in Derby Line is priced at $25,130.

Living in Derby Line, VT

Derby Line, VT, is a picturesque town with a serene vibe and beautiful outdoor scenery. Known for its proximity to Lake Memphremagog and various hiking trails, it offers an active lifestyle for nature lovers. The town features a strong community spirit, making it an ideal place for families and retirees alike.

Current Market Conditions in Derby Line, VT

The real estate market in Derby Line, VT, has been experiencing a gradual increase in home prices, largely due to the area's attractiveness for both permanent residents and seasonal visitors. The availability of scenic views and outdoor recreational activities continues to draw interest from buyers looking for serene living conditions. As inventory remains relatively low, demand is outpacing supply, which is contributing to ongoing price appreciation in the area.

Home Value Estimator For Derby Line, VT

There are currently 582 real estate properties in Derby Line, VT, with a median automated valuation model (AVM) price of $242,349.00. 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 Line, VT, 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 Line, VT, is $261,815.00, with the most expensive house in Derby Line, VT, topping out at $1,546,200.00 and the cheapest home in Derby Line, VT, clocking in at $25,130.00. In other words, there’s something for every potential homebuyer or savvy investor in Derby Line, VT!

Rent Prices In Derby Line, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Derby Line, VT, is on a rollercoaster ride. The average rent price in Derby Line, VT, is $1,078.00. Indeed, when looking to rent in Derby Line, VT, you can expect to pay as little as $570.00 or as much as $1,740.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Derby Line, VT -- 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 Line, VT Foreclosures


Market Trend for Derby Line, VT

Total Listings Available: 13

Market Values:

Home Prices from $25,130 to $1,546,200

Average Sales Price: $261,815

Rental Values:

Rental from $570 to $1,740

Average Rent Value: $1,078 / month

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