Derry, New Hampshire is a charming town located in Rockingham County. With a population of over 33,000 residents, it is the fourth-largest community in the state. Derry is known for its beautiful landscapes, rich history, and strong sense of community. It is a popular destination for families and individuals looking to settle down in a peaceful and welcoming environment.
The Real Estate Market in Derry
The real estate market in Derry is thriving, with a variety of properties available for sale or rent.From single-family homes to apartments and townhouses, there is something for everyone in this quaint town. But what exactly is the average square footage of properties in Derry?According to recent data from Zillow, the average square footage of properties in Derry is approximately 1,800 square feet. This includes all types of properties, from small apartments to large single-family homes. However, it is important to note that this number may vary depending on the specific neighborhood or area within Derry.
Factors Affecting Square Footage
There are several factors that can affect the average square footage of properties in Derry.One of the main factors is the type of property. As mentioned earlier, Derry offers a diverse range of properties, each with its own unique square footage. For example, a single-family home will typically have a larger square footage compared to an apartment or townhouse. Another factor that can affect square footage is the location within Derry. Properties located in more desirable areas or neighborhoods may have a higher average square footage due to higher demand and property values.
On the other hand, properties located in less desirable areas may have a lower average square footage. The age of the property can also play a role in its square footage. Older properties may have smaller square footage compared to newer constructions, as modern homes tend to have more spacious layouts and larger rooms.
Property Prices in Derry
The average price of properties in Derry is around $300,000, which is slightly higher than the state average. However, this price can vary depending on the type of property and its location within the town. For example, a single-family home in a desirable neighborhood may have a higher price tag compared to an apartment in a less desirable area. It is also worth noting that the average price per square foot in Derry is $170, which is lower than the state average of $200.This means that properties in Derry offer more value for money in terms of square footage compared to other areas in New Hampshire.
Why Choose Derry?
Aside from its charming small-town feel and strong sense of community, there are many reasons why people choose to live in Derry. One of the main reasons is its convenient location. Derry is situated just 35 miles from Boston, making it an ideal location for those who work in the city but prefer a quieter and more affordable place to call home. Derry also offers a variety of recreational activities and amenities for its residents. From parks and trails to shopping centers and restaurants, there is always something to do in this town.It is also home to several highly-rated schools, making it an attractive option for families with children.
The Future of Derry's Real Estate Market
The real estate market in Derry is expected to continue growing in the coming years. With its convenient location, affordable prices, and strong community spirit, it is a desirable place to live for many people. As the town continues to develop and attract more residents, we can expect to see an increase in property values and square footage. In conclusion, the average square footage of properties in Derry, New Hampshire is approximately 1,800 square feet. This number may vary depending on factors such as the type of property, location, and age.With its charming small-town feel and convenient location, Derry is a great place to call home for those looking for a peaceful and welcoming community.
