DeSoto Home Values

Not a single closing in DeSoto cleared the asking price in the most recent quarter — a sharp contrast to the roughly three and a half percent that did so over the trailing year, based on MLS data for 2026-06 closings in DeSoto. Homes that did sell moved in about 44 days, marginally quicker than the 12-month median of 46 days, but the pace of concession activity tells the more telling story: nearly seven in ten transactions included seller concessions averaging close to $11,250 — up from the annual figure — with sellers collecting about 97 cents on the dollar at close. Price per square foot edged down to roughly $154, continuing a slow drift below the trailing-year figure of $157.

New listing volume in DeSoto accelerated to roughly 207 entries this quarter — up about 15 percent — while pending contracts held near 48, a ratio of more than four new listings for every home going under contract. Active inventory remained steady at 278 homes, and months of supply eased slightly from above eight to just under eight. The pipeline does not point toward near-term tightening: new supply continues to arrive faster than it is absorbed, and the pending-to-active ratio leaves sellers little room to expect a shift in negotiating conditions heading into late 2026.

DeSoto's price per square foot settled at roughly $155 in recent closings — about $49 below the Dallas County benchmark — based on MLS data for the trailing quarter's closings in DeSoto. The median sale price came in near $352,000, with homes spending about 45 days on the market before closing. Sellers gave back roughly two and a half cents on the dollar at the negotiating table, and nearly two-thirds of transactions included concessions averaging close to $10,700. No closings cleared the asking price in the most recent quarter, while more than four in ten homes sold below list.

The supply picture in DeSoto has widened considerably, with months of supply pushing past eight — a level that gives buyers substantial room to negotiate. Active listings held steady while pending contracts dropped to fewer than 50 against a backdrop of more than 180 new listings coming to market this quarter. New supply is significantly outpacing absorption, meaning the gap between available homes and under-contract activity is likely to persist. The pipeline signals a market where sellers face a deepening queue of competition before reaching a willing buyer.