$162,000
Land
Listing Office: Charles Jones Realty Inc
Is Denton, NC 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, NC
How much do homes in Denton, NC cost?
Median Sold Price
$249,100
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,900(-2.3%)
Key Takeaway
Homes in Denton have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Denton was $249,100 in November 2024, down 2.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $370K | +825.0% |
| 2 Bedrooms | $160K | $225K | +40.6% |
| 3 Bedrooms | $250K | $248K | -0.8% |
| 4 Bedrooms | $275.4K | $295K | +7.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Denton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 825%, 2 bedroom homes increased by 40.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Emmons Township | $219.4K | $232.5K | +5.9% |
| Denton | $255K | $249.1K | -2.3% |
| Healing Spring Township | $435K | $415K | -4.6% |
Housing Supply in Denton, NC
How many homes are available in Denton, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Summary: The Denton real estate market had 39 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 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 decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Denton in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Denton, NC
How long does it take to sell a home in Denton, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 66 Days | +86.5% |
Summary: Homes in Denton had an average of 66 days on market in Nov 2024, up by 86.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Denton has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Denton; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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