$3,799 Closing Credit*
$319,900
1,479 SqFt
3 Beds
•2 Full Baths
Nishta Gupta, Listing Office: Samson Properties
Is Denton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Denton was a Seller's Market.
Key Takeaway
Denton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Denton, MD
How much do homes in Denton, MD cost?
Median Sold Price
$339,900
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,450(-0.4%)
Key Takeaway
The sold price of homes in Denton has remained the same since last year.
Summary: The median home sold price in Denton was $339,900 in October 2024, down 0.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.2K | $209K | +31.2% |
| 3 Bedrooms | $290K | $330K | +13.8% |
| 4 Bedrooms | $364.9K | $380.9K | +4.4% |
| 5+ Bedrooms | $345K | $424.9K | +23.2% |
Summary: Denton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.2%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 23.2%.
Housing Supply in Denton, MD
How many homes are available in Denton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 46 | +9.5% |
Summary: The Denton real estate market had 46 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Denton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denton, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Denton in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Denton, MD
How long does it take to sell a home in Denton, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 43 Days | +43.1% |
Summary: Homes in Denton had an average of 43 days on market in Oct 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Denton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Denton; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
