$4,032 Closing Credit*
$339,500
1,622 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: TMR 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 October 2023
Since last year, Denton has remained a Seller's Market.
Key Takeaway
Denton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Denton, NC
How much do homes in Denton, NC cost?
Median Sold Price
$249,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,000(-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 $249,000 in October 2024, down 0.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $370K | +825.0% |
| 2 Bedrooms | $190K | $241.2K | +27.0% |
| 3 Bedrooms | $257.5K | $247K | -4.1% |
| 4 Bedrooms | $269.9K | $295K | +9.3% |
| 5+ Bedrooms | $169.5K | - | N/A |
Summary: Denton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 825%, 2 bedroom homes increased by 27%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Healing Spring Township | $387.5K | $420K | +8.4% |
| Emmons Township | $220K | $228.9K | +4.1% |
| Denton | $250K | $249K | -0.4% |
Housing Supply in Denton, NC
How many homes are available in Denton, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Denton real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 0 | 0 | 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
7 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. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Denton in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 51 Days | +33.0% |
Summary: Homes in Denton had an average of 51 days on market in Oct 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 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, 11 homes were sold in Denton; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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