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Featured local agent — Derby, CT
Sarah Mitchell
Compass Real Estate · Derby, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Derby, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$394,900median sale price
How is the Derby, CT housing market right now?
The median home sale price in Derby, CT is $394,900, up 25.4% year-over-year. Homes sell in an average of 43 days with 28 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Derby a buyer's or seller's market?
Derby, CT is currently a seller's market, based on 3.1 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
43
Average pace
Active listings
28
3.1 months supply
Sale-to-list
101.6%
Above asking
What does the Derby housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $394,900 |
| Median list price | $427,450 |
| Year-over-year price change | +25.4% |
| Average days on market | 43 days |
| Active inventory | 28 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $229/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 16 |
| Listings with a price cut | 10.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Derby by property type?
How the Derby, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $479,000 | $229/sq ft | 5 | 50 days |
| Condo / Co-op | $242,550 | $237/sq ft | 2 | 34 days |
Source: Redfin · Updated monthly
The Derby housing market is currently classified as a seller's market with a median sale price of $394,900. Prices have risen 25.4% compared to last year, with homes spending an average of 43 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Derby
There are currently 28 homes listed for sale in Derby, Connecticut. The median listing price is $427K.
Active listings
28
Homes on market
Median list price
$427K
Avg. days on market
43
Days until sale
New this week
16
Newly listed
Who lives in Derby?
Population
12,359
Median income
$76,263/yr
Median age
46.3 years
Owner-occupied
62.2%
College grads
33.2%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Derby?
Zillow home value
$345,956
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Derby?
Derby is a community of approximately 12K residents with a median age of 46.3 years.The median household income is $76,263, which reflects a relatively affluent area with strong earning potential. 33.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.2%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Derby offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Derby?
5 schools tracked · 1,312 students
The largest public schools serving Derby, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Derby High School
Grades 9-12 · 370 students
Irving School
Grades K-5 · 329 students
Derby Middle School
Grades 6-8 · 282 students
Bradley School
Grades K-5 · 272 students
Little Raiders University
Grades PK · 59 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Derby, CT?
Want a head-to-head view? Compare Derby side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Derby?
The median home sale price in Derby is $394,900, up 25.4% from last year.
How long do homes stay on market in Derby?
Homes typically spend 43 days on market before going under contract.
What is the median income in Derby?
The median household income is $76,263 per year.
Is Derby a buyer's or seller's market?
With 3.1 months of supply, Derby is currently a seller's market.
What is the Zillow home value estimate for Derby?
The Zillow Home Value Index (ZHVI) for Derby is $345,956, representing the typical home value in the area.
What is the median condo price in Derby?
The median condo/co-op sale price in Derby, CT is $242,550, compared to $479,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Derby?
The median single-family home price in Derby, CT is $479,000 (about $229 per square foot).
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