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Housing in Derry

A typical Derry home is worth roughly $77,000

Typical home value
$77K
IL $298K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD

What kind of housing town is Derry?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Derry

Try your own numbers below.

You could afford about
$280,000
Typical Derry home $77K

That covers a typical Derry home, with $203K to spare.

The typical home, each month
$530
Loan $380Tax $130Insurance $20

A two-bedroom rents for about $930 a month here, $400 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

78% of Derry households own their home

Half of Derry’s homes were built before 1938.

Owners and renters
Own 78%Rent 23%

Illinois: 67% own.

1938
typical home built · IL 1971

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $930

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$710
2 bedrooms$930
3 bedrooms$1,140
4 bedrooms$1,390
23%
of households rent · IL 33%
1
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Adams County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Derry vs. its neighbors

The towns that share a border with Derry. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Derry$77K*—$930$108,125
Pittsfield$137K+2.3%$970$58,594

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Derry buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Derry still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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