Housing Prices in DeSoto, TX
How much do homes in DeSoto, TX cost?
Median List Price
$355,000
$161/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in DeSoto has increased by 1.4% since last year.
Summary: The median home list price in DeSoto was $355,000 in May 2024, up 1.4% from the previous year, and the median price per square foot was $161.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $267.5K | -12.3% |
| 3 Bedrooms | $299.9K | $309K | +3.0% |
| 4 Bedrooms | $387.5K | $389.9K | +0.6% |
| 5+ Bedrooms | $479.9K | $487.9K | +1.7% |
Summary: DeSoto housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 1.7%.
Median List Price Compared To Nearby Cities
| Southwest Dallas | $325K | $339.8K | +4.5% |
| Lancaster | $294.9K | $299.5K | +1.5% |
| DeSoto | $349.9K | $355K | +1.4% |
| Duncanville | $299.9K | $300K | 0.0% |
| Glenn Heights | $369.9K | $370K | 0.0% |
Housing Supply in DeSoto, TX
How many homes are available in DeSoto, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 173 | 191 | +10.4% |
Summary: The DeSoto real estate market had 191 homes for sale in May 2024, a 10.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 69 | 73 | +5.8% |
| 4 Bedrooms | 78 | 84 | +7.7% |
| 5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The DeSoto housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 24%.
Days on Market for DeSoto, TX
How long does it take to sell a home in DeSoto, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 95 Days | 62 Days | -35.0% |
Summary: Homes in DeSoto had an average listing age of 62 days in May 2024, down by 35% compared to the previous year.
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