Real Estate
Derby, Vermont (VT)
This quiet border town is one of the entry points between the U.S. and Quebec, Canada. Derby is home to many manufactures and wholesale merchants. With severallakes surrounding the area, there is never a lack in recreational activities. Derby is also home to the historical Haskell Free Library and Opera House.
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| Population 4,604 | Median Age 38.9 yrs | Household Size: 2.50 |
| Avg Commute: 18.7 min | Avg Income $35,313 | Avg Home Value: $87,500 |
Welcome to Vermont Real Estate
Vermont, which became the 14th state in 1791, is quite unique, as is its capital, Montpelier. Until 1996, Vermont was the only state without a Wal-Mart, and in ratio of cows to people, Vermont has the greatest number of dairy cows in the country. Montpelier is to this day the only state capital without a McDonald's, and is also the smallest (in population) state capital with a population of just over 12,000.
Vermont's residents experience frigid winters and fairly cool summers due to the state's northern location; summers rarely get warmer than 80 degrees and the temperature may drop below 0 degrees during the coldest part of the year. On a positive note, Vermont has clear, unpolluted air and a very low crime rate, especially violent crime, in which Vermont gets a 22 on an index where the national average is 100.
The average Vermont home sold for $180,000 during 2004 and homes are actually less expensive near Montpelier (perhaps because of the lack of McDonald's).
Home Values in Vermont
Doing your research on home values in Vermont may be the factor that determines whether your home sells right away, or stays on the market for months. It’s important to charge the right price to begin with, based not only on the evaluation, but on the current market and the demand for homes in Vermont. Continue reading, and we’ll help you get through your home’s sale with the minimum in stress.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®