Denton, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Denton Neighborhoods Since 2000




Denton, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Denton Housing Market Information

With a population of 131,044, 43,745 total housing units (homes and apartments), and a median house value of $189,814, Denton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Denton, accounting for 54.61% of the city's housing units. Other types of housing that are prevalent in Denton include large apartment complexes or high rise apartments ( 31.20%), duplexes, homes converted to apartments or other small apartment buildings ( 8.19%), and a few mobile homes or trailers ( 3.99%).

The most prevalent building size and type in Denton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.77% owning and 56.23% renting.

There is a lot of housing in Denton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Denton built between 2000 and later ( 34.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.43%). There's also some housing in Denton built before 1939 ( 1.58%).

Denton Home Appreciation Rates

In the last 10 years, Denton has experienced some of the highest home appreciation rates of any community in the nation. Denton real estate appreciated 39.51% over the last ten years, which is an average annual home appreciation rate of 3.39%, putting Denton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Denton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Denton that despite a nationwide downturn in the housing market, Denton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Denton appreciation rates continue to be some of the highest in America, at 9.71%, which is higher than appreciation rates in 92.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Denton. Denton appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Denton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Denton's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Denton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Denton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Denton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$189,814

Denton, TX HOME PRICES

Value Range
> $1,318,000 0.5
$989,001 - $1,318,000 0.2
$659,001 - $989,000 1.9
$527,001 - $659,000 1.1
$395,001 - $527,000 6.7
$264,001 - $395,000 13.8
$131,001 - $264,000 47.8
$66,001 - $131,000 18.7
$0 - $66,000 9.3

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
34.9876948318294 19.9416342412451

Number Of Homes And Apartments:
43,745

Denton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
56.34% 2.62% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,206 / per month

Homeownership Rate

Homeownership
Owners 43.77
Renters 56.23
Vacant 7.76

Housing Market Details

 

Age of Homes

AGE OF Denton HOMES
2000 or Newer 34.6
1970 - 1999 46.4
1940 - 1969 17.4
1939 or Older 1.6

Types of Homes

TYPE OF Denton HOMES
Single-Family 54.6
Townhomes 2.0
Small Apt. Buildings 8.2
Apt. Complexes 31.2
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Denton HOMES
No Bedroom 2.52
1 Bedroom 17.08
2 Bedrooms 23.99
3 Bedrooms 36.65
4 Bedrooms 16.28
5 or more bedrooms 3.47