Is Denton Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denton Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Denton Township has remained a Seller's Market.

Key Takeaway

Denton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Denton Township, MI

How much do homes in Denton Township, MI cost?

Median Sold Price

$210,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+13.5%)

Key Takeaway

Homes in Denton Township have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Denton Township was $210,000 in October 2024, up 13.5% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $119K$65.3K
-45.1%
2 $142.5K$137.4K
-3.5%
3 $240K$240K
0.0%
4 $236K$384.5K
+62.9%
5+ $201.5K$422.4K
+109.7%

Summary: Denton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.1%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 62.9%, and 5+ bedroom homes increased by 109.7%.

Median Sold Price Compared To Nearby Cities

Prudenville
+20.5%
Denton Township
+13.5%
Houghton Lake
+6.1%
Roscommon Township
+4.3%

Housing Supply in Denton Township, MI

How many homes are available in Denton Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7768-11.7%

Summary: The Denton Township real estate market had 68 homes for sale in October 2024, a 11.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3531
-11.4%
3 3629
-19.4%
4 56
+20.0%
5+ 12
+100.0%

Summary: The Denton Township 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 decreased by 11.4%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denton Township, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Denton Township in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Denton Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Denton Township, MI

Nearby Markets to Denton Township, MI

What housing markets are near Denton Township, MI?