Why Live in Derby
Derby is a small town in southwest Connecticut with around 12,000 residents, known for its affordable homes, beautiful parks, and traditional suburban lifestyle. The neighborhood features quiet, wide residential streets lined with Cape Cods, Colonials, and raised ranch-style houses, many built in the 1950s and 1960s. Homes sit on landscaped lawns and often include garages. While sidewalks are limited, the streets provide ample space for walking and biking. Osbornedale State Park, a 417-acre recreation area, is a significant draw, offering hiking trails, fishing ponds, and winter sledding hills. The park also houses the Kellog Environmental Center and the Osborne Homestead Museum. Pershing Drive is a central thoroughfare leading to a shopping center with national retailers, three grocery stores, and dining options like Panera Bread and McDonald’s. Local favorites include the Dew Drop Inn for its beer selection and pub grub, and Roseland Apizza for New Haven-style pizza. Route 8 runs through Derby, connecting residents to Waterbury and Interstate 84, 18 miles north. New Haven is about 10 miles east, and Hartford is 45 miles northeast. The crime rate in Derby is lower than the national average, contributing to its appeal as a residential area.
Home Trends in Derby, CT
On average, homes in Derby, CT sell after 51 days on the market compared to the national average of 51 days. The median sale price for homes in Derby, CT over the last 12 months is $330,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$279,450
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$159,000
Average Price Per Sq Ft
$254
Number of Homes for Sale
12
Last 12 months Home Sales
109
Median List Price
$344,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%