$6,888 Closing Credit*
$580,000
2,341 SqFt
4 Beds
•3 Full Baths
Mac Martin, Listing Office: UNITED COUNTRY GULFLAND R.E.
Is DeSoto County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, DeSoto County was a Seller's Market.
Key Takeaway
DeSoto County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in DeSoto County, FL
How much do homes in DeSoto County, FL cost?
Median Sold Price
$275,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,000(+14.1%)
Key Takeaway
Homes in DeSoto County have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in DeSoto County was $275,000 in November 2024, up 14.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $411.5K | $178K | -56.7% |
| 2 Bedrooms | $176.1K | $190K | +7.9% |
| 3 Bedrooms | $275K | $290K | +5.5% |
| 4 Bedrooms | $285K | $342.1K | +20.1% |
| 5+ Bedrooms | $335K | $738K | +120.3% |
Summary: DeSoto County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.7%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 120.3%.
Median Sold Price Compared To Nearby Counties
| DeSoto County | $241K | $275K | +14.1% |
| Sarasota County | $450.1K | $445.6K | -1.0% |
| Manatee County | $469.5K | $462.3K | -1.5% |
| Charlotte County | $359.9K | $349.5K | -2.9% |
Housing Supply in DeSoto County, FL
How many homes are available in DeSoto County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 162 | 158 | -2.5% |
Summary: The DeSoto County real estate market had 158 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 16 | +23.1% |
| 2 Bedrooms | 40 | 38 | -5.0% |
| 3 Bedrooms | 81 | 76 | -6.2% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The DeSoto County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeSoto County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in DeSoto County in November 2024, down by 6.3% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for DeSoto County, FL
How long does it take to sell a home in DeSoto County, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 88 Days | +82.2% |
Summary: Homes in DeSoto County had an average of 88 days on market in Nov 2024, up by 82.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in DeSoto County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in DeSoto County; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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