Is De Soto County, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing De Soto County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, De Soto County has remained a Buyer's Market.

Key Takeaway

De Soto County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in De Soto County, LA

How much do homes in De Soto County, LA cost?

Median Sold Price

$245,450

$121/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$44,450(-15.3%)

Key Takeaway

Homes in De Soto County have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in De Soto County was $245,450 in October 2024, down 15.3% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $121K-
N/A
3 $223.9K$185K
-17.4%
4 $457.5K$271K
-40.8%
5+ -$460K
N/A

Summary: De Soto County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 40.8%, and 5+ bedroom homes did not change.

Housing Supply in De Soto County, LA

How many homes are available in De Soto County, LA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7080+14.3%

Summary: The De Soto County real estate market had 80 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3339
+18.2%
4 2525
0.0%
5+ 812
+50.0%

Summary: The De Soto County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in De Soto County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in De Soto County in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.

Days on Market for De Soto County, LA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in De Soto County, LA

Nearby Markets to De Soto County, LA

What housing markets are near De Soto County, LA?