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Bankruptcy Homes in Derby, NY

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Derby, NY Foreclosures

How much do homes sell for in Derby, NY?
The average home price is currently $299,803.
In Derby, NY, how many homes are available?
There are currently 8 active home listings available in Derby.
What’s the average rental cost in Derby, NY?
The average rental price in Derby is $1,408.
What is the most expensive home in Derby?
The most expensive home sold in Derby had a price of $4,436,357.
What is currently the cheapest priced home in Derby, NY?
The cheapest home for sale in Derby is priced at $19,172.

Living in Derby, NY

Derby, NY is a charming lakeside community that combines small-town charm with access to nature. Known for its friendly atmosphere and stunning Lake Erie views, Derby provides residents with outdoor recreational opportunities and a wholesome lifestyle. The town boasts a mix of local amenities and proximity to the bustling city of Buffalo, making it a perfect spot for families and those seeking tranquility.

Current Market Conditions in Derby, NY

The real estate market in Derby is experiencing steady growth, with an increase in demand for waterfront properties. The allure of Lake Erie has led to a higher interest from potential buyers looking for vacation homes and permanent residences alike.

Home prices have seen a gradual rise over the past few months due to low inventory and increased buyer competition, particularly in sought-after neighborhoods by the lakeside.

Home Value Estimator For Derby, NY

There are currently 2,464 real estate properties in Derby, NY, with a median automated valuation model (AVM) price of $254,753.00. 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, NY, 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, NY, is $299,803.00, with the most expensive house in Derby, NY, topping out at $4,436,357.00 and the cheapest home in Derby, NY, clocking in at $19,172.00. In other words, there’s something for every potential homebuyer or savvy investor in Derby, NY!

Rent Prices In Derby, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Derby, NY, is on a rollercoaster ride. The average rent price in Derby, NY, is $1,408.00. Indeed, when looking to rent in Derby, NY, you can expect to pay as little as $490.00 or as much as $2,400.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Derby, NY -- 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, NY Bankruptcy Homes


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