Real Estate in Denison, TX
Updated 2026 β’ Housing market data from 2 zip codes β’ Redfin data through January 2026
π Denison, TX Market Activity
The Denison housing market shows a median sale price of $259,000, 19.0% higher than last year. The price per square foot is $166, below the national median of ~$215/sqft, up 2.0% year-over-year. Homes in Denison spend a median of 93 days on market, longer than the national median of 42 days β giving buyers more negotiation room.
ποΈ Denison Rental Market
The average rent in Denison, TX is $1,473 per month. A 2-bedroom apartment rents for approximately $1,213/month, while a 3-bedroom home averages $1,488/month.
π¦ Denison Housing Supply & Demand
There are 161 new listings and 274 active properties on the market.
π Denison Market Competitiveness
Homes in Denison sell for an average of 96.0% of their asking price. About 8% of properties sell above list price, indicating relatively low bidding pressure.
On average, homes sell for 96.0% of the asking price
8% of sales closed above asking, % at or below
π Housing Overview
Denison, TX Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 239000, the balance between renting (39%) and owning (61%), and a population of 26328 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $239,000 and average rents of $1,473/month, the median household income of $58,930 provides context for affordability in Denison. Whether you're looking to buy property in Denison or invest in Denison real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $1,213/month, while a 3-bedroom house averages $1,488/month.
Economy & What Drives Denison Real Estate
Real estate values in Denison, TX are driven by local employment, school quality, and quality of life. The cost of living index of 70.7 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $58,930, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Denison neighborhoods.
Pros & Cons
Pros
- β’Friendly residents overall
- β’Festivals and events hosted
- β’Family-friendly environment
- β’Diverse local restaurants
- β’Plenty of outdoor activities
- β’Growing job market
- β’Low cost of living
- β’Access to nearby lake
- β’Good local schools available
- β’Close-knit community vibe
Cons
- β’Less cultural diversity
- β’Some schools underperforming
- β’Limited shopping selections
- β’Far from major cities
- β’Limited nightlife options
- β’Higher crime rates reported
- β’Economic growth is slow
- β’Fewer activities for teens
- β’Political views may clash
- β’Public transport criticism
Frequently Asked Questions
What is the cost of living in Denison, TX? βΌ
The cost of living in Denison, TX is 29% lower than the national average, with a cost of living index of 71 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
How much does it cost to buy or rent a home in Denison, TX? βΌ
In Denison, TX, The median home price is $239,000. requiring approximately $94,071 annual income to afford. Average rent is $1,473/month (requiring ~$58,916/year income). The local median household income is $58,930, making homeownership attainable for typical residents. Explore Denison real estate data β
Is Denison, TX a safe place to live? βΌ
Denison, TX is relatively safe, with crime rates below the national average. The crime rate is 15.0 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Denison crime statistics β
What salary do you need to live comfortably in Denison, TX? βΌ
To live comfortably in Denison, TX and afford a median-priced home of $239,000, you would typically need a household income of $59,750 to $74,688 per year. The local median household income is $58,930. Renting requires approximately $58,916/year (at $1,473/month). See full affordability analysis β
Is Denison, TX growing? βΌ
Denison, TX has a population of 26,328. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market shape migration patterns. See Denison population demographics β
What are the best neighborhoods in Denison, TX? βΌ
The best neighborhoods in Denison, TX depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $239,000 is below the national average. Explore Denison on our interactive map β
What is the commute like in Denison, TX? βΌ
Commute times in Denison, TX vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map β
How are the taxes in Denison, TX? βΌ
Tax rates in Denison, TX include state and local components. The cost of living index of 71 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Denison tax information β
How does Denison, TX compare to nearby cities? βΌ
Denison, TX offers a more affordable alternative to nearby communities. With a cost of living index of 71, median home prices of $239,000, and a crime rate of 15.04 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Denison, TX? βΌ
Weather in Denison, TX varies by season. Climate data varies by season. View detailed Denison climate & environment data β
Is it better to rent or buy in Denison, TX? βΌ
With a median home price of $239,000 and average rents of $1,473/month, the price-to-rent ratio in Denison is 13.5x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis β
What is the price per square foot in Denison, TX? βΌ
The median price per square foot in Denison is $166, which is 23% below the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Denison, TX? βΌ
Homes in Denison spend a median of 93 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data β
Explore More About Denison, TX
π Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin