City:
Derby is a city in the state of kansas with a population of roughly 28,348. It is in Sedgwick County, Kansas the Wichita, KS core-based statistical areas (CBSA), and the Wichita-Arkansas City-Winfield, KS combined statistical area (CSA).Its Zip codes include 67037 .
Derby is a small town located in the southeast corner of Kansas. The population was just over 2,000 in 2010. Derby was founded in 1872 and became a city in 1907. The city is located on the Arkansas River and is home to several businesses, including a paper mill, a meat packing plant, and several grain elevators.
Real estate in Derby is primarily made up of small homes and apartments. There are also a few larger homes available for purchase or lease, but they are generally priced lower than similar properties in neighboring cities. The average price for an apartment or home in Derby was $119,000 as of 2010.
The real estate market in Derby has been relatively stable over the past few years. There has been some growth within the city limits due to new businesses opening up and existing businesses expanding their operations, but overall demand remains relatively low. This stability may be due to the fact that most residents are either renters or owners of small homes or apartments that they can easily move if they decide they want to relocate elsewhere within the city limits.
Price Index: Wichita, KS