Is Derby, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Derby was a Neutral Market.
Housing Prices in Derby, NY
How much do homes in Derby, NY cost?
Median Sold Price
$215,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Derby was $215,000 in April 2024, up 5.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $200K | N/A |
2 Bedrooms | $150K | $182.6K | +21.8% |
3 Bedrooms | $200.5K | $210K | +4.7% |
4 Bedrooms | $255K | $250K | -2.0% |
5+ Bedrooms | $140.5K | $242.1K | +72.4% |
Summary: Derby housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 72.4%.
Median Sold Price Compared To Nearby Cities
Derby | $202.9K | $215K | +5.9% |
Evans | $189.4K | $200.5K | +5.8% |
Lake View | $290K | $305K | +5.2% |
Eden | $269.9K | $262K | -2.9% |
Housing Supply in Derby, NY
How many homes are available in Derby, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Derby real estate market had 22 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 9 | 5 | -44.4% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Derby housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Derby in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Derby, NY
How long does it take to sell a home in Derby, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 13 Days | +115.8% |
Summary: Homes in Derby had an average of 13 days on market in Apr 2024, up by 115.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Derby; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.