$2,838 Closing Credit*
$239,000
1,868 SqFt
4 Beds
•1 Full Bath, 1 Partial
Megan E Rosendale, Listing Office: Rosendale Realty
Is Denton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$340,000
$180/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
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 $340,000 in November 2024, the same as last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $212K | +92.7% |
| 3 Bedrooms | $294.9K | $332.5K | +12.7% |
| 4 Bedrooms | $362.9K | $382K | +5.2% |
| 5+ Bedrooms | $345K | $457K | +32.5% |
Summary: Denton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 32.5%.
Housing Supply in Denton, MD
How many homes are available in Denton, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The Denton real estate market had 43 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Denton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denton, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Denton in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 44 Days | +178.6% |
Summary: Homes in Denton had an average of 44 days on market in Nov 2024, up by 178.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Denton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Denton; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
