Market Trends for Denton Appraisal District Property Tax Protests

Denton Appraisal

Market Insights from Denton Appraisal District

Analyzing interest rates, housing inventory, and sales patterns, as assessed by the Denton Appraisal District, reveals significant trends in Denton County’s residential property market. These insights help homeowners stay informed and navigate property tax protests effectively.

Growth in New Residential Construction

New construction plays a critical role in shaping Denton County’s housing market, with suburban expansion fueling growth in multiple regions.

  • 14,071 newly constructed residential units were added in 2024, up from 12,945 in 2023.
  • Single-family home construction remains the leading segment, driven by strong demand for new developments.
  • New subdivisions and housing communities in Lewisville, Argyle, and Corinth continue to expand.
Denton Appraisal

Market Value Changes in Residential Construction

  • New market value from residential construction totaled $9.13 billion in 2024, reflecting sustained growth.
  • The taxable value of new construction reached $8.38 billion, supporting local school districts and infrastructure projects.
  • New homes in high-demand areas experienced greater value appreciation, indicating a competitive housing market.

Denton County’s property market has seen notable shifts in market values, with new construction contributing significantly to price increases.

Factors Influencing Residential Growth

  • Population growth in the Dallas-Fort Worth metroplex has increased housing demand.
  • Low housing inventory has led to higher property values in many suburban areas.
  • Rising construction costs and material shortages have affected the pace of new housing development.

Several economic and demographic factors continue to drive residential expansion in Denton County.

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Denton Appraisal