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Denton real estate market overview
- Average Monthly Rent: $1,421
- Home Price/Value Percentage Change: 25.1%
- Median Home Value: $365,000
- Best Time To Sell a Home: December
- Affordability Index: 129
- Days To Sell a House: 39
- Job Market: Fair
- Public School Ranking: 28
Location and weather
Denton is located in Denton County, less than 40 miles north of Dallas-Fort Worth. This amicable Texan city has a large cowboy scene and world-class music and arts scene. 4,000 acres worth of open space, a vibrant downtown, and family-friendly lakes, trails, museums, and historic sites can be found here. Denton is also considered to be somewhat of a college town, bringing in around 50,000 students a year. In turn, Denton has become a huge attraction for educators, young professionals, and families alike.
This city's climate is described as comfortable by residents. While there's almost 40 inches of rain per year, there are also over 230 days of sunshine. Similar to most cities in Texas, summers are very warm and winters do get some snow.
Population, job market and cost of living
Denton has a population of 151,219, with a growth rate of 2.18% annually.
The job market has increased by 3.3% over the last year. In ten years, job growth is predicted to be 50.0%. Denton is one of the 25th Fastest Growing cities in the Country, maintaining the title since 2006 due to its thriving economy. This city is also home to the University of North Texas and Texas Woman's University, supporting over 10,000 jobs for its residents. Along with education, other industries such as retail, manufacturing, automotive and health care make up a large portion of Denton's job market.
The city of Denton contributes its successful economic climate to bringing in new companies, while still maintaining the success of existing businesses. Considering Denton's growth, the cost of living is slightly higher than Texas's average cost of living. When compared to other cities in the state with such advancement, it is more affordable.
Denton real estate market details
- Cooper Creek
- Green Valley
- Fm 2181/Helm Ln.
- Fort Worth Dr./Jame Street
There has been a 25.1% increase in Denton's median home value over the last year. As of 2022, the median home value is $365,000.
The best time to sell a home in Denton for the highest value is during December. The best time to sell a home quickly is during July.
The affordability index in Denton is 129. This number indicates increased affordability in this city.
The top ranked public schools are Wilson Elementary, Ryan Elementary, Guyer High School, Denton Classical Academy, North Texas Collegiate Academy-North Campus, McNair Elementary, University of North Texas and Texas Woman's University. This information is supported by The US Department of Education, The US Census Bureau and the Texas Education Agency.