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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Denton, MD Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Denton, MD Housing Market Trends

With a population of 4,924, 1,530 total housing units (homes and apartments), and a median house value of $297,555, Denton real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Denton homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Denton, accounting for 60.60% of the town's housing units. Other types of housing that are prevalent in Denton include large apartment complexes or high rise apartments ( 18.45%), row houses and other attached homes ( 11.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.62%).

The most prevalent building size and type in Denton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 56.84% owning and 43.16% renting.

Denton homes and real estate are some of the newest in America. 32.46% of Denton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Denton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 29.05%), and between 1940-1969 ( 20.10%). There's also some housing in Denton built before 1939 ( 18.39%).

Denton Home Appreciation Rates

Denton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Denton during the period has been just 5.66%, which is lower than 70% of US communities.

Over the last year, Denton appreciation rates have trailed the rest of the nation. In the last twelve months, Denton's appreciation rate has been 1.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Denton were at -1.81%, which equates to an annual appreciation rate of -7.06%.

Notably, Denton's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

Median Home Value

$297,555

Denton, MD Home Prices
> $1,329,000
$997,001 - $1,329,000
$664,001 - $997,000
$531,001 - $664,000
$399,001 - $531,000
$266,001 - $399,000
$133,001 - $266,000
$67,001 - $133,000
$0 - $67,000
0.0%
0.0%
2.9%
2.9%
4.1%
4.1%
5.0%
5.0%
19.3%
19.3%
33.8%
33.8%
23.6%
23.6%
10.0%
10.0%
1.3%
1.3%
0% 100.0%
% of Homes
Very Low

for Maryland

Average

for nation

Number of Homes And Apartments:

1,530

Denton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,786 / per month

Homeownership Rate

Owners
Renters
56.8%
56.8%
43.2%
43.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.8%
6.8%
93.2%
93.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
32.5%
32.5%
29.0%
29.0%
20.1%
20.1%
18.4%
18.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.6%
60.6%
11.1%
11.1%
9.6%
9.6%
18.5%
18.5%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.3%
4.3%
9.3%
9.3%
26.2%
26.2%
34.0%
34.0%
20.3%
20.3%
5.9%
5.9%
0% 100.0%
% of Homes