Derby, CT Home Values & Market Trends

Real estate market trends reflect that there have been 195 transactions over the past year in Derby. The median value for residential home transactions that occurred over the previous year is $307,105.37. The number of current listings in Derby is 9, and the percentage of properties for sale in the city is 9.00%. Derby, CT currently has 4 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 9 properties for sale.

Derby, CT Real Estate Market Overview

ZipMedian Est. Value
06418

$ 284,300

$ 178/sqft

Housing Market Summary for Derby, CT

Mar 2023February 2024Change
Median Listing Price$242.5K$296.8K22.39%
Median Sold Price$258.5K$296.8K14.82%
Homes For Sale81025.00%
Homes Sold8984-5.62%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Derby, CT

Derby home values range from $66,149 to $874,800. The median estimated value of a home in Derby is $307,105.37. The median list price of a home is 178,000, and the total count of properties in the city is 3,839.

Foreclosure
There is 1 zips within Derby, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $410,300 in 06418 to the lowest value of $258,000 in 06418. Foreclosure homes account for 0.00% of properties in Derby, CT with 06418 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Derby, CT with 06418 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Derby, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $344,500 in 06418 to the lowest home value of $258,000 in 06418.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Derby, CT ranges from the highest value of $285,000 in 06418 to the lowest value of $285,000 in 06418. Bank owned homes and properties account for 0.03% of properties in Derby, CT. There is 1 zips within Derby, CT; 06418 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06418 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Derby, CT. Auction homes and other auction properties account for 0.03% of all properties in Derby, CT. There is 1 zips within Derby, CT; of that zips, the median estimated home value for homes going to auction ranges from $410,300 in 06418 to the lowest value of $410,300 in 06418.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in Derby, CT with 06418 containing 9 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Derby, CT; homes for sale in that zips, have a range of median values from $584,000 in 06418 to the lowest value of $159,900 in 06418.
    Sold Homes
    The median value for recently sold homes ranges from $547,460 in 06418 to the lowest price of $162,608 in 06418. There is 1 zips within Derby, CT. 06418 has 75 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.95% of properties in Derby, CT.

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      Guide for Derby, CT

      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Derby, CT

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