Derry, NH Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Derry, NH Housing Market Trends

With 33,485 people, 12,741 houses or apartments, and a median cost of homes of $272,490, 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 51.34% of the town's housing units. Other types of housing that are prevalent in Derry include large apartment complexes or high rise apartments ( 26.15%), row houses and other attached homes ( 11.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.69%).

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 64.65% owning and 35.35% 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 ( 17.24%). A lesser amount of the housing stock also hails from before 1939 ( 13.78%). There's also some housing in Derry built between 2000 and later ( 8.07%).

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 46.75%, which ranks in the top 30% nationwide. This equates to an annual average Derry house appreciation rate of 3.91%.

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 5.13%, 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 2.11%, which equates to an annual appreciation rate of 8.71%.

Relative to New Hampshire, our data show that Derry's latest annual appreciation rate is lower than 80% 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:
$272,490

Derry, NH HOME PRICES

> $1,200,000
0.1%
0.1%
$900,001 - $1,200,000
0.6%
0.6%
$600,001 - $900,000
2.5%
2.5%
$480,001 - $600,000
3.8%
3.8%
$360,001 - $480,000
18.3%
18.3%
$240,001 - $360,000
41.3%
41.3%
$120,001 - $240,000
28.8%
28.8%
$60,001 - $120,000
3.2%
3.2%
$0 - $60,000
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for NH

Value Relative To Nation

Number Of Homes And Apartments:
12,741

Derry Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
86.76% 3.02%
6
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,881 / per month

Homeownership Rate

Owners
64.7%
64.7%
Renters
35.3%
35.3%
Vacant
5.9%
5.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.1%
8.1%
1970 - 1999
60.9%
60.9%
1940 - 1969
17.2%
17.2%
1939 or Older
13.8%
13.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
51.3%
51.3%
Townhomes
11.7%
11.7%
Small Apt. Buildings
8.7%
8.7%
Apt. Complexes
26.1%
26.1%
Mobile Homes
2.1%
2.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.7%
2.7%
1 Bedroom
10.9%
10.9%
2 Bedrooms
35.4%
35.4%
3 Bedrooms
36.5%
36.5%
4 Bedrooms
12.7%
12.7%
5 or more bedrooms
1.7%
1.7%
0.0% 100.0%
% OF HOMES