Derby, KS—67037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Derby, KS
As of Oct '25, the median home price in Derby, KS is $277,000, with a year-over-year change of -1.2%. This indicates that home prices in Derby, KS are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | -1.2% |
| Single Family | $277,000 | -1.4% |
| Condos | $256,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 0.0% |
3 Bed | $240,000 | -0.8% |
4 Bed | $307,000 | -1.6% |
| 5 Bed | $363,000 | -1.9% |
% of Housing Stock
Rental Trends — Derby, KS
As of July '25, Rentcast reports the average rent in Derby, KS is $1,590, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Derby, KS is 1-bedrooms: $817, 2-bedrooms: $952, 3-bedrooms: $1,520, 4-bedrooms: $1,830. The most common rental property sizes in Derby, KS are 2-bedroom and 1-bedroom, accounting for 36.5% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $810 | $817 |
| 2 Bed Rent | $750 | $952 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | $1,600 | $1,830 |
% of Rental Stock
Property Listings — Derby, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Derby, KS is 46. This is a decrease of -32.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 8.0% |
Listing Count | 116 | -6.0% |
| Listings as % of Homes | 0.8% | -6.0% |
Days on Market | 46 | -32.0% |
Demographics — Derby, KS
As of the latest ACS Survey released in 2023, Derby, KS has a population of 30,100, which has increased by 6.1% over the past 5 years. Derby, KS is a popular place for families, as children make up 27.0% of the population. The area has a moderately educated workforce, with 36.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | 6.1% |
% Under 18 | 27.0% | 5.5% |
% Seniors | 16.7% | 18.4% |
% WFH | 5.6% | 75.0% |
% w/ College Degree | 36.0% | -7.5% |
As of the latest ACS Survey released in 2023, Derby, KS is a predominantly white area, with 79.4% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Derby, KS is hispanic, making up 12.0% of the population. Foreign-born residents account for 2.6% of the population in Derby, KS, and this percentage has decreased by 21.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.4% | -7.7% |
% Black | 1.6% | 14.3% |
% Hispanic | 12.0% | 110.5% |
% Asian | 1.1% | -56.0% |
% Foreign Born | 2.6% | -21.2% |
Mortgage and Risk — Derby, KS
According to HUD data as of 2023, there were 712 mortgage originations in Derby, KS, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Derby, KS. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 712 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Derby, KS
As of 2024, the percent of homes in Derby, KS under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Derby, KS, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 114 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 87.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $810 | $860 |
| 2 Bedroom | $380 | $750 | $1,130 |
| 3 Bedroom | -$20 | $1,500 | $1,480 |
| 4 Bedroom | $210 | $1,600 | $1,810 |
Affordability — Derby, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $277,000 |
| Median Household Income | $84,700 |