Denton, MI is an ideal place to live for those looking to purchase a home. The median housing value of $162,700 is lower than the U.S. median house value of $338,100, making it more affordable for potential buyers. In addition, Denton's 1 year house appreciation rate of 9.86% is higher than the U.S.'s 8.27%, indicating that investments in housing are likely to have a greater return than elsewhere in the country. With a low cost and high appreciation rate, Denton is a great option for those looking to invest in real estate.
The median home cost in Denton is $162,700. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Denton is up 15.7%.
Average Age of Homes
- The median age of Denton real estate is 43 years old
The Rental Market in Denton
- Renters make up 11.7% of the Denton population
- 0.4% of houses and apartments in Denton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.