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Denton, TX Housing Market

The Denton housing market is somewhat competitive. Homes in Denton receive 6 offers on average and sell in around 52 days. The median sale price of a home in Denton was $407K last month, +5.6% since last year.

Denton Market Trends

It’s still a good market to sell in Denton.

Even though the market has shifted across the U.S., Denton is still a good market to sell your home.

+5.6%
The average home value in Denton has increased by +5.6%.
$407K
The median sale price for a home in Denton has remained strong at $407K.

Denton Real Estate

Learn more about the Denton market

In the last 30 days, homes for sale in Denton, TX sold for a median price of $407K, +5.6% compared to the same period last year. The median price per square foot was $198, -1.0% year-over-year. There were 114 homes sold, down from 426 last year. Homes typically received 6 offers and stayed on the market for around 52 days.

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Texas Acquisition Manager

Meet our Denton Expert, Andy

Andy will help you get the best offer in Denton with no repairs or showings.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
Offer Requested!

Selling Your Home in Denton, TX: Tips and Insights for Success

Considering selling your home in Denton, TX? Navigating today’s real estate market can be tricky, but with the right strategies, you can maximize your home’s value and secure a great deal. Whether you're pondering renovations, worried about market conditions, or simply want a straightforward sale, we're here to guide you through it all.

Current Market Trends in Denton

The Denton real estate market is especially dynamic, reflecting shifts in broader trends and local factors. Here’s what you need to know:

  • The median sale price has recently reached around $407,000, showing a growth of 5.6% compared to last year, although the rate of increase is slowing.
  • Homes are averaging 52 days on the market, illustrating a transition to a more balanced market. This gives sellers a bit more time but also suggests a competitive environment.
  • Buyer demand remains steady, influenced by Denton's status as a family-friendly suburban area with great amenities and proximity to the Dallas-Fort Worth metroplex.

To Renovate or Not to Renovate?

One of the biggest questions homeowners face is whether to renovate before selling. To get the most return on your investment, focus on areas with high buyer interest:

  • Kitchen Remodel: Costs between $15,000 to $40,000 but can yield an ROI of 60% to 70%. Buyers love updated kitchens.
  • Bathroom Remodel: Similar to kitchens, a $10,000 to $25,000 investment can result in a 60% to 70% ROI.
  • Curb Appeal: Simple landscaping and exterior improvements can offer up to a 100% return with costs around $2,000 to $10,000.

If tackling renovations sounds daunting or isn't feasible, consider skipping them and selling your home directly to a company like Frontdoor. This option allows you to avoid upfront costs and still make a satisfactory sale.

Understanding the Economic Landscape

With recent economic shifts, mortgage rates have risen, affecting buyer purchasing power. However, Denton remains attractive due to its thriving local economy with robust job opportunities in sectors like education and healthcare. This local vitality ensures a continued interest in buying homes, despite national economic uncertainties.

Navigating the Sale

For the best outcome, work with a seasoned real estate agent. They can provide insights into what local buyers prefer and guide you in pricing your home competitively. Additionally, keep an eye on real-time data from real estate platforms like Zillow to stay updated on market changes.

Final Thoughts

Selling your home in Denton, TX can be both profitable and rewarding with the right approach. Whether you choose to renovate or sell as-is to a buyer like Frontdoor, understanding market trends, aligning with economic factors, and making informed decisions based on current data can significantly enhance your selling process. Here's to making a successful sale!

Request your custom offer today

Get an offer from Frontdoor and skip the hassle of renovations in Denton.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
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Sell your Denton home

Request a competitive offer

Step 1

Step 1: Share Unique Details About Your Home

Your home is special. Highlight its unique features like a big backyard, recent upgrades, or a cozy layout. The more details you provide, the better Frontdoor can understand and value your property.

Step 2

Step 2: Compare to Other Homes in Your Neighborhood

Take a look at what other homes in Denton are like. Are they similar or different? This comparison helps you understand how your home stands out, aiding in setting the right price.

Step 3

Step 3: Speak to a Denton Market Expert

Tapping into local real estate knowledge is crucial. A Denton market expert knows the ins and outs of the area, ensuring you price your home competitively to get the best offers quickly.

Comparison

Why you’ll love working with us

Let’s compare the sale of a $550,000 home in Denton, TX.

                                                                                                                                                                                                                                                                                                                                           
Traditional SaleFrontdoor
Commission & Fees$33,000$0
Closing Costs$8,400$0
We pay all costs
Repair Costs$24,750$0
We pay all costs
Days on Market25 DaysImmediate Offer
Total SavingsSave $66,150

Just sell.
Simple. Done.

One of our Offer Specialists will work with you from start to finish, and help you sell your house on your timeline.

Offer Requested!