Is Denton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Denton was a Seller's Market.
Housing Prices in Denton, MD
How much do homes in Denton, MD cost?
Median Sold Price
$340,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Denton was $340,000 in April 2024, up 7.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $187K | $209K | +11.8% |
3 Bedrooms | $309K | $304K | -1.6% |
4 Bedrooms | $364.9K | $359.9K | -1.4% |
5+ Bedrooms | $341.5K | $399.9K | +17.1% |
Summary: Denton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 17.1%.
Housing Supply in Denton, MD
How many homes are available in Denton, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 50 | +8.7% |
Summary: The Denton real estate market had 50 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Denton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Denton in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 46 Days | -4.7% |
Summary: Homes in Denton had an average of 46 days on market in Apr 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Denton; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.