$1,627 Closing Credit*
$137,000
1,100 SqFt
2 Beds
•1 Full Bath
Andy Wright, Listing Office: Agner & Associates
Is DeSoto County, MS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, DeSoto County has remained a Seller's Market.
Key Takeaway
DeSoto County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in DeSoto County, MS
How much do homes in DeSoto County, MS cost?
Median Sold Price
$415,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$97,100(+30.5%)
Key Takeaway
Homes in DeSoto County have sold for 30.5% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $305.9K | $348K | +13.8% |
| 4 Bedrooms | $424K | $537K | +26.7% |
| 5+ Bedrooms | - | $460K | N/A |
Summary: DeSoto 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 increased by 13.8%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| DeSoto County | $317.9K | $415K | +30.5% |
| Shelby County | $267.5K | $258.2K | -3.5% |
Housing Supply in DeSoto County, MS
How many homes are available in DeSoto County, MS?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 921 | 956 | +3.8% |
Summary: The DeSoto County real estate market had 956 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 355 | 381 | +7.3% |
| 4 Bedrooms | 362 | 365 | +0.8% |
| 5+ Bedrooms | 182 | 185 | +1.6% |
Summary: The DeSoto 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 increased by 14.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 1.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 174 | 174 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 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. 77.8% of homes here sold below asking price last month.
Summary: A total of 174 homes were sold or pending in DeSoto County in October 2024, the same as the previous month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for DeSoto County, MS
We’re sorry, we don't have information for this market at the moment
