Why Live in Denver City
The small community of Denver City, near the New Mexico border, is an oil town that has grown to offer above-average schools, a regional hospital and an eclectic mix of shopping and dining. “Why is anyone attracted to Denver City? Well, there wouldn’t be a Denver City without the oilfields,” says Todd Paxton, broker/owner of Paxton Real Estate, who sells homes throughout the region. “The people are great. They’re hardworking, and this area is a good place to make connections and friends.” Housing options in this community of 4,400 are primarily Minimal Traditional and midcentury designs that can be found on truncated streets throughout. Ranch-style homes on spacious lots stand out among the offerings. The highest-priced homes are concentrated on the community’s south side. Contemporary homes built in recent years can also be found. These homes come standard with driveways and attached garages. Prices typically range from about $100,000 to about $400,000. Many homes are built with brick, which helps keep utility bills down in the summer. A lack of rain in the semi-arid climate has its benefits. “For the most part, the weather is comfortable. You don’t have high humidity,” Paxton
Home Trends in Denver City, TX
On average, homes in Denver City, TX sell after 286 days on the market compared to the national average of 70 days. The median sale price for homes in Denver City, TX over the last 12 months is $268,000, down 39% from the median home sale price over the previous 12 months.
Median Sale Price
$268,000
Median Single Family Sale Price
$252,500
Average Price Per Sq Ft
$154
Number of Homes for Sale
5
Last 12 months Home Sales
6
Median List Price
$268,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-39%