Condo Foreclosures in Derry, NH

Current Market Conditions in Derry, NH

The Derry real estate market is currently experiencing a steady demand for homes, characterized by a balance between buyers and sellers. Property values have seen a moderate increase over the past year, primarily driven by the town's desirable location and community amenities. Investors can find opportunities in the market, as the appeal of Derry continues to attract a diverse population seeking quality living spaces.

Trends indicate that homes in Derry tend to sell quickly, often within weeks of listing, which partially reflects the low inventory levels. This dynamic creates an attractive environment for real estate investment, as demand remains robust while new developments are limited. Investors should consider the potential for rental properties given the strong rental market buoyed by local employment opportunities.

Rent Prices In Derry, NH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Derry, NH, is on a rollercoaster ride. The average rent price in Derry, NH, is $1,654.00. Indeed, when looking to rent in Derry, NH, you can expect to pay as little as $830.00 or as much as $3,720.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Derry, NH -- 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.