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Short Sale Listings in Desoto, TX

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Desoto, TX Foreclosures

How much do homes sell for in Desoto, TX?
The average home price is currently $349,666.
In Desoto, TX, how many homes are available?
There are currently 13 active home listings available in Desoto.
What’s the average rental cost in Desoto, TX?
The average rental price in Desoto is $1,623.
What is the most expensive home in Desoto?
The most expensive home sold in Desoto had a price of $37,965,500.
What is currently the cheapest priced home in Desoto, TX?
The cheapest home for sale in Desoto is priced at $19,465.

Living in Desoto, TX

DeSoto, TX, is a dynamic suburban city known for its strong community spirit and quality living. It offers a family-friendly atmosphere with numerous parks, excellent schools, and convenient access to Dallas. This makes it an attractive destination for both families and professionals looking for a welcoming neighborhood close to urban conveniences.

Current Market Conditions in Desoto, TX

DeSoto's real estate market has shown steady growth over the past few years, with a strong demand for homes due to its affordability compared to nearby cities. Home prices have gradually increased, fueled by an influx of new residents drawn by the area's amenities and lifestyle. The market remains competitive, prompting buyers to act quickly when a desirable property becomes available.

As of late 2023, the market conditions indicate a slight increase in home sales, likely due to the ongoing urban development and improvements in infrastructure. Average home prices have risen modestly, and the inventory remains relatively tight, making it a favorable market for sellers.

Home Value Estimator For Desoto, TX

There are currently 17,984 real estate properties in Desoto, TX, with a median automated valuation model (AVM) price of $326,275.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Desoto, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Desoto, TX, is $349,666.00, with the most expensive house in Desoto, TX, topping out at $37,965,500.00 and the cheapest home in Desoto, TX, clocking in at $19,465.00. In other words, there’s something for every potential homebuyer or savvy investor in Desoto, TX!

Rent Prices In Desoto, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Desoto, TX, is on a rollercoaster ride. The average rent price in Desoto, TX, is $1,623.00. Indeed, when looking to rent in Desoto, TX, you can expect to pay as little as $750.00 or as much as $3,820.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Desoto, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Desoto, TX Short Sale Listings

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