Derry appreciation rates and housing market information

Derry housing market information

With a population of 34,021, 12,735 total housing units (homes and apartments), and a median house value of $253,280, Derry real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Derry, accounting for 49.84% of the town's housing units. Other types of housing that are prevalent in Derry include large apartment complexes or high rise apartments (22.87%), duplexes, homes converted to apartments, or other small apartment buildings (12.11%), row houses and other attached homes (10.82%), and a few mobile homes or trailers (4.36%).

People in Derry primarily live in small (one, two, or no bedroom) single-family detached homes. Derry has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Derry built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Derry built from 1940-1969 (17.35%). A lesser amount of the housing stock also hails from 1939 and earlier (11.19%), and some were built from 1995 and later (11.19%).

Derry home appreciation rates

Real estate appreciation rates in Derry have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 7.05% during the period.

Over the last year, Derry appreciation rates have trailed the rest of the nation. In the last twelve months, Derry's appreciation rate has been -7.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Derry were at -0.70%, which equates to an annual appreciation rate of -2.80%.

Notably, Derry's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New Hampshire, our data show that Derry's latest annual appreciation rate is higher than 4% of the other cities and towns in New Hampshire.