$4,097 Closing Credit*
$345,000
2,708 SqFt
5 Beds
•2 Full Baths
Jeff Como, Listing Office: Rise Realty
Is Derby Line, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Derby Line has remained a Seller's Market.
Key Takeaway
Derby Line is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Derby Line, VT
How much do homes in Derby Line, VT cost?
Median Sold Price
$186,250
$174/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$41,750(-18.3%)
Key Takeaway
Homes in Derby Line have sold for 18.3% less than they did a month ago.
Summary: The median home sold price in Derby Line was $186,250 in November 2024, down 18.3% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $259K | $242.5K | -6.4% |
| 3 Bedrooms | $228K | $130K | -43.0% |
| 4 Bedrooms | $210K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Derby Line housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 43%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Derby | $219K | $425K | +94.1% |
| Derby Line | $228K | $186.2K | -18.3% |
Housing Supply in Derby Line, VT
How many homes are available in Derby Line, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Summary: The Derby Line real estate market had 7 homes for sale in November 2024, a 41.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Derby Line housing inventory by bedroom type for November 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 decreased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Derby Line, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Derby Line in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Derby Line, VT
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.