Derry, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Derry, NH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Derry Housing Market Information

With 33,440 people, 12,962 houses or apartments, and a median cost of homes of $259,119, 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 48.91% of the town's housing units. Other types of housing that are prevalent in Derry include large apartment complexes or high rise apartments ( 26.96%), row houses and other attached homes ( 12.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.21%).

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 to 1999 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 between 1940-1969 ( 15.60%). A lesser amount of the housing stock also hails from before 1939 ( 12.46%). There's also some housing in Derry built between 2000 and later ( 8.74%).

Derry Home Appreciation Rates

Appreciation rates for homes in Derry have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 21.05%, which ranks in the top 40% nationwide. This equates to an annual average Derry house appreciation rate of 1.93%.

NeighborhoodScout's data show that during the latest twelve months, Derry's appreciation rate, at 5.97%, has been at or slightly above the national average. In the latest quarter, Derry's appreciation rate has been 0.99%, which annualizes to a rate of 4.01%.

Relative to New Hampshire, our data show that Derry's latest annual appreciation rate is lower than 50% of the other cities and towns in New Hampshire.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Derry differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Derry - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Derry real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$259,119

Derry, NH HOME PRICES

Value Range
> $1,253,000 0.1
$940,001 - $1,253,000 0.5
$627,001 - $940,000 1.6
$502,001 - $627,000 2.4
$376,001 - $502,000 15.8
$251,001 - $376,000 43.2
$125,001 - $251,000 29.9
$63,001 - $125,000 3.2
$0 - $63,000 3.3

Low for NH
High for Nation

Value Relative to Nation Value Relative to State
24.9693430656934 60.5095541401274

Number Of Homes And Apartments:
12,962

Derry Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
72.43% 2.87%
7
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,380 / per month

Homeownership Rate

Homeownership
Owners 62.25
Renters 37.75
Vacant 6.02

Housing Market Details

 

Age of Homes

AGE OF Derry HOMES
2000 or Newer 8.7
1970 - 1999 63.2
1940 - 1969 15.6
1939 or Older 12.5

Types of Homes

TYPE OF Derry HOMES
Single-Family 48.9
Townhomes 12.8
Small Apt. Buildings 9.2
Apt. Complexes 27.0
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Derry HOMES
No Bedroom 1.45
1 Bedroom 12.41
2 Bedrooms 37.80
3 Bedrooms 34.45
4 Bedrooms 12.62
5 or more bedrooms 1.28