The housing market in Denton, NC is thriving. The median value of a home in Denton is $195,800 which is significantly lower than the US house median value of $338,100. In the last year alone, house appreciation in Denton has increased by 16.52%, much higher than the 8.27% appreciation rate seen across the US. This makes Denton an attractive area for those looking to purchase a new home or invest in real estate as prices are still relatively low and expected to keep growing over time. Investing in housing in Denton now may be a great decision that pays off long-term.
The median home cost in Denton is $195,800. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Denton is up 23.2%.
Average Age of Homes
- The median age of Denton real estate is 47 years old
The Rental Market in Denton
- Renters make up 36.4% of the Denton population
- 8.7% 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.