De Soto, MO—63020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — De Soto, MO
As of Oct '25, the median home price in De Soto, MO is $229,000, with a year-over-year change of 3.6%. This indicates that home prices in De Soto, MO are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | 3.6% |
| Single Family | $228,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | 3.8% |
3 Bed | $241,000 | 3.4% |
4 Bed | $296,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — De Soto, MO
As of July '25, Rentcast reports the average rent in De Soto, MO is $1,010, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in De Soto, MO is 1-bedrooms: $495, 2-bedrooms: $1,030, 3-bedrooms: $1,180, 4-bedrooms: $599. The most common rental property sizes in De Soto, MO are 2-bedroom and 1-bedroom, accounting for 42.6% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $495 | $495 |
| 2 Bed Rent | $900 | $1,030 |
| 3 Bed Rent | $1,200 | $1,180 |
| 4 Bed Rent | $599 | $599 |
% of Rental Stock
Property Listings — De Soto, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in De Soto, MO is 61. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $254,000 | 2.0% |
Listing Count | 84 | -4.0% |
| Listings as % of Homes | 0.7% | -4.0% |
Days on Market | 61 | 0.0% |
Demographics — De Soto, MO
As of the latest ACS Survey released in 2023, De Soto, MO has a population of 20,400, which has increased by 1.8% over the past 5 years. De Soto, MO is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 14.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,400 | 1.8% |
% Under 18 | 21.8% | -4.8% |
% Seniors | 21.0% | 13.5% |
% WFH | 10.6% | 120.8% |
% w/ College Degree | 14.0% | 20.7% |
As of the latest ACS Survey released in 2023, De Soto, MO is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in De Soto, MO is hispanic, making up 1.4% of the population. Foreign-born residents account for 1.3% of the population in De Soto, MO, and this percentage has increased by 85.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | -7.6% |
% Black | 0.1% | -88.9% |
% Hispanic | 1.4% | -30.0% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.3% | 85.7% |
Mortgage and Risk — De Soto, MO
According to HUD data as of 2023, there were 396 mortgage originations in De Soto, MO, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in De Soto, MO. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 396 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — De Soto, MO
As of 2024, the percent of homes in De Soto, MO under the Section 8 program is 14.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In De Soto, MO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 237 |
Total Units Section 8 | 237 |
% Rentals under Section 8 | 14.9% |
% Occupied Section 8 | 82.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $385 | $495 | $880 |
| 2 Bedroom | $190 | $900 | $1,090 |
| 3 Bedroom | $210 | $1,200 | $1,410 |
| 4 Bedroom | $1,041 | $599 | $1,640 |
Affordability — De Soto, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $229,000 |
| Median Household Income | $65,900 |