Derby, NY


Highest Appreciating Derby Neighborhoods Since 2000

Derby, NY 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

Derby Housing Market Information

With 7,688 people, 1,734 houses or apartments, and a median cost of homes of $136,471, house prices in Derby are solidly below the national average.

Single-family detached homes are the single most common housing type in Derby, accounting for 79.94% of the town's housing units. Other types of housing that are prevalent in Derby include mobile homes or trailers ( 6.96%), large apartment complexes or high rise apartments ( 6.44%), and a few row houses and other attached homes ( 5.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Derby. Owner-occupied housing accounts for 85.75% of Derby's homes, and 66.65% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Derby 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 Derby built between 1940-1969 ( 31.46%). A lesser amount of the housing stock also hails from before 1939 ( 18.74%). There's also some housing in Derby built between 2000 and later ( 6.92%).

Derby Home Appreciation Rates

Appreciation rates for homes in Derby have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.61%, which ranks in the top 30% nationwide. This equates to an annual average Derby house appreciation rate of 1.28%.

Appreciation rates are so strong in Derby that despite a nationwide downturn in the housing market, Derby real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Derby appreciation rates continue to be some of the highest in America, at 8.95%, which is higher than appreciation rates in 90.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Derby. Derby appreciation rates in the latest quarter were at -0.40%, which equates to an annual appreciation rate of -1.57%.

Relative to New York, our data show that Derby's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values


Median Home Value:


Value Range
> $1,112,000 0.0
$834,001 - $1,112,000 0.0
$556,001 - $834,000 0.7
$445,001 - $556,000 0.0
$334,001 - $445,000 3.3
$222,001 - $334,000 14.7
$111,001 - $222,000 46.1
$56,001 - $111,000 26.8
$0 - $56,000 8.4

Low for NY
Average for Nation

Value Relative to Nation Value Relative to State
56.4748622993086 64.8709315375982

Number Of Homes And Apartments:

Derby Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
45.81% 2.21% 3 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$815 / per month

Homeownership Rate

Owners 85.75
Renters 14.25
Vacant 9.58

Housing Market Details


Age of Homes

2000 or Newer 6.9
1970 - 1999 42.9
1940 - 1969 31.5
1939 or Older 18.7

Types of Homes

Single-Family 79.9
Townhomes 5.2
Small Apt. Buildings 1.5
Apt. Complexes 6.4
Mobile Homes 7.0
Other 0.0

Home Size

No Bedroom 0.72
1 Bedroom 5.61
2 Bedrooms 23.76
3 Bedrooms 49.33
4 Bedrooms 17.31
5 or more bedrooms 3.27