DeSoto Home Values
Texas
DeSoto Market Snapshot
| Median Sale Price $358,182 ▼ 1.8% YoY | Price per Sq Ft $158 median $/sqft | Days on Market 58 list to contract | Sale-to-List 96.5% of original asking |
| Active 182 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 8.1 months | Absorption 14.3% monthly | Over List 4.4% sold above | Under List 48.1% sold below | Concessions 60.9% % of solds | Avg Concession $16,446 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
DeSoto Market Trends
Best Southwest Buyers Gaining Leverage
DeSoto anchors the Best Southwest corridor of southern Dallas County, drawing families with its mature tree-lined neighborhoods, strong municipal services, and direct access to I-35E and US-67. The city's housing stock skews toward established single-family homes built in the 1990s and 2000s, many on generous lots that compete well against newer construction in Ellis County to the south. DeSoto's proximity to downtown Dallas — roughly 20 minutes without traffic — keeps it relevant for commuters, while local amenities like the DeSoto Town Center and extensive trail system give residents reasons to stay close to home.
The DeSoto market has shifted decisively toward buyers over the past quarter. Seller concessions now appear in nearly two-thirds of closed transactions, and virtually no homes are closing above list price in recent months — a sharp reversal from the trailing twelve-month pattern. Days on market have stretched meaningfully, and the months-of-supply figure signals territory that favors patient, well-prepared buyers. Median prices have softened modestly year over year, reflecting a market that is recalibrating rather than distressed, with the list-price-to-sale-price ratio holding steady in the mid-96s.
The widening gap between trailing and recent months-of-supply tells the real story here. DeSoto is absorbing inventory more slowly than the broader Best Southwest market, and concession rates climbing above 60% suggest sellers are competing for a smaller buyer pool. For buyers, this is a window to negotiate aggressively on closing costs and repairs. Sellers who price precisely at comps — not aspirationally — are still moving homes, but the margin for error has narrowed considerably.
Zip Codes in DeSoto
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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