Similar to its nearby areas, it is similar compared to the rest of the nation. Compared to the city of Boston however, it is substantially less expensive.
Home prices
The median home in Derry costs $225,600. This is approximately $10,720 (4%) lower compared to other places in this area.Compared to the country as a whole it is roughly $8,100 (3%) higher, and compared to the city of Boston is approximately $307,100 (57%) lower.
Rents
In Derry the median monthly rent is $1,175. Compared to nearby areas this is roughly $73 (5%) lower.In comparison to the rest of the nation it is roughly $113 (10%) higher, and compared to the city of Boston is roughly $445 (27%) lower.
Nearby places
Londonderry
Londonderry is Derry's neighbor to the southwest. Its housing prices are somewhat more expensive. The median home cost in Londonderry is $310,200, which comes out to $84,600 (27%) higher than Derry. Rent there is a bit more expensive. The median monthly rent in Londonderry is $1,459, which works out to $284 (19%) higher than Derry.
East Merrimack
East Merrimack is roughly 8 miles west from Derry. Housing prices there are a little less expensive. The median home cost in East Merrimack is $173,200, which is $52,400 (30%) lower than Derry. Rent there is a little more expensive. In East Merrimack the median monthly rent is $1,311, which is $136 (10%) higher than Derry.
Manchester
Manchester is approximately 9 miles northwest from Derry. The real estate prices there are similar. The median home in Manchester costs $227,600, which is very similar to Derry. Its rents are similar. The median monthly rent in Manchester is $1,135, which is $40 (3%) lower than Derry.
Raymond
Raymond is about 10 miles northeast from Derry. Its housing prices are similar. The median home in Raymond is valued at $233,600, which is $8,000 (3%) higher than Derry. The rent there is fairly similar. The median rent in Raymond is $1,156 a month, which is $19 (1%) lower than Derry.
Hudson
Hudson is about 10 miles southwest from Derry. Its housing prices are fairly similar. The median home cost in Hudson is $237,000, which comes out to $11,400 (4%) higher than Derry. The rent there is pretty similar. The median rent in Hudson is $1,177 a month, which is very similar to Derry.
