Is Denton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Denton Township has remained a Seller's Market.
Housing Prices in Denton Township, MI
How much do homes in Denton Township, MI cost?
Median Sold Price
$224,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Denton Township was $224,000 in March 2024, up 31.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $86K | $152K | +76.7% |
2 Bedrooms | $143.5K | $140K | -2.4% |
3 Bedrooms | $184K | $239.5K | +30.2% |
4 Bedrooms | $258.7K | $333.3K | +28.8% |
5+ Bedrooms | $740K | $201.5K | -72.8% |
Summary: Denton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.7%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes decreased by 72.8%.
Median Sold Price Compared To Nearby Cities
Denton Township | $169.9K | $224K | +31.8% |
Prudenville | $169.9K | $200K | +17.7% |
Roscommon Township | $169.2K | $180K | +6.4% |
Houghton Lake | $181.4K | $178K | -1.9% |
Housing Supply in Denton Township, MI
How many homes are available in Denton Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 57 | +29.5% |
Summary: The Denton Township real estate market had 57 homes for sale in March 2024, a 29.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 21 | +50.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Denton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Denton Township in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for Denton Township, MI
How long does it take to sell a home in Denton Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Denton Township; 9% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.