Derby, VT Foreclosures
How much do homes sell for in Derby, VT?
The average home price is currently $344,806.
In Derby, VT, how many homes are available?
There are currently 2 active home listings available in Derby.
What’s the average rental cost in Derby, VT?
The average rental price in Derby is $1,182.
What is the most expensive home in Derby?
The most expensive home sold in Derby had a price of $8,838,286.
What is currently the cheapest priced home in Derby, VT?
The cheapest home for sale in Derby is priced at $13,051.
Living in Derby, VT
Derby, Vermont, is a quaint and serene town nestled in the Northeast Kingdom, ideal for those looking for a peaceful lifestyle. With ample outdoor activities, a tight-knit community, and essential amenities, Derby offers a comfortable living experience. Enjoy the beauty of nature while still being close to larger towns for additional conveniences.
Current Market Conditions in Derby, VT
The real estate market in Derby, VT, has shown steady growth in the past few years, driven largely by an influx of new homeowners seeking the tranquility and natural beauty of the area. The demand for homes, particularly those with access to lakes and outdoor recreational areas, has contributed to a competitive market where listings often see multiple offers.
Currently, Derby's market features a range of properties from quaint single-family homes to larger estates. While the market remains robust, prospective buyers are advised to act quickly, as homes do not stay on the market for long, especially those priced competitively. Investors are finding opportunities here as well, given the rising popularity of the area.
Home Value Estimator For Derby, VT
There are currently 1,102 real estate properties
in Derby, VT,
with a median automated valuation model (AVM) price
of $291,038.00. 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, 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, VT,
is $344,806.00, with the most expensive house
in Derby, VT, topping out
at $8,838,286.00 and the cheapest home
in Derby, VT,
clocking in at $13,051.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Derby, VT!
Rent Prices
In Derby, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Derby, VT, is on
a rollercoaster ride. The
average rent price in Derby, VT,
is $1,182.00. Indeed, when looking to rent in
Derby, VT, you can expect to pay as little
as $500.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Derby, 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.
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