Derry, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Derry Neighborhoods Since 2000




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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Derry Housing Market Information

With a population of 33,199, 13,020 total housing units (homes and apartments), and a median house value of $228,312, 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 50.35% of the town's housing units. Other types of housing that are prevalent in Derry include large apartment complexes or high rise apartments ( 23.28%), row houses and other attached homes ( 13.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.23%).

The most prevalent building size and type in Derry are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.65% owning and 37.35% renting.

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 ( 15.50%). A lesser amount of the housing stock also hails from before 1939 ( 11.93%). There's also some housing in Derry built between 2000 and later ( 8.22%).

Derry Home Appreciation Rates

Derry's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Derry during the period has been just -0.89%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Derry's appreciation rate, at 4.95%, has been at or slightly above the national average. In the latest quarter, Derry's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to New Hampshire, our data show that Derry's latest annual appreciation rate is higher than 70% 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:
$228,312

Derry, NH HOME PRICES

Value Range
> $1,168,000 0.1
$876,001 - $1,168,000 0.1
$584,001 - $876,000 0.7
$467,001 - $584,000 2.3
$350,001 - $467,000 13.7
$234,001 - $350,000 40.2
$117,001 - $234,000 35.3
$58,001 - $117,000 3.8
$0 - $58,000 3.8

Low for NH
High for Nation

Value Relative to Nation Value Relative to State
26.1103949373022 63.6942675159236

Number Of Homes And Apartments:
13,020

Derry Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
46.41% 2.23% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,937 / per month

Homeownership Rate

Homeownership
Owners 62.65
Renters 37.35
Vacant 4.33

Housing Market Details

 

Age of Homes

AGE OF Derry HOMES
2000 or Newer 8.2
1970 - 1999 64.4
1940 - 1969 15.5
1939 or Older 11.9

Types of Homes

TYPE OF Derry HOMES
Single-Family 50.3
Townhomes 13.1
Small Apt. Buildings 10.2
Apt. Complexes 23.3
Mobile Homes 3.1
Other 0.0

Home Size

SIZE OF Derry HOMES
No Bedroom 0.80
1 Bedroom 12.96
2 Bedrooms 35.46
3 Bedrooms 36.91
4 Bedrooms 12.56
5 or more bedrooms 1.31