Desoto, TX—75115
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Desoto, TX
As of Oct '25, the median home price in Desoto, TX is $322,000, with a year-over-year change of -3.6%. This indicates that home prices in Desoto, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | -3.6% |
| Single Family | $322,000 | -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 | $199,000 | -6.1% |
3 Bed | $284,000 | -4.4% |
4 Bed | $362,000 | -3.2% |
| 5 Bed | $450,000 | -3.0% |
% of Housing Stock
Rental Trends — Desoto, TX
As of July '25, Rentcast reports the average rent in Desoto, TX is $2,130, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Desoto, TX is studios: $1,150, 1-bedrooms: $1,180, 2-bedrooms: $1,590, 3-bedrooms: $2,130, 4-bedrooms: $2,960. The most common rental property sizes in Desoto, TX are 1-bedroom and 2-bedroom, accounting for 31.4% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,130 |
| Studio Rent | $1,150 | $1,150 |
| 1 Bed Rent | $1,210 | $1,180 |
| 2 Bed Rent | $1,600 | $1,590 |
| 3 Bed Rent | $2,120 | $2,130 |
| 4 Bed Rent | $2,600 | $2,960 |
% of Rental Stock
Property Listings — Desoto, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Desoto, TX is 56. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | -12.0% |
Listing Count | 180 | -18.0% |
| Listings as % of Homes | 0.6% | -18.0% |
Days on Market | 56 | 6.0% |
Demographics — Desoto, TX
As of the latest ACS Survey released in 2023, Desoto, TX has a population of 56,000, which has increased by 6.0% over the past 5 years. Desoto, TX is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,000 | 6.0% |
% Under 18 | 21.1% | -23.0% |
% Seniors | 15.1% | 13.5% |
% WFH | 15.6% | 437.9% |
% w/ College Degree | 30.0% | 6.8% |
As of the latest ACS Survey released in 2023, Desoto, TX is a predominantly black area, with 68.3% of the population identifying as black. The black population has remained stable in the last 5 years. The second most common race or ethnicity in Desoto, TX is hispanic, making up 19.1% of the population. Foreign-born residents account for 8.5% of the population in Desoto, TX, and this percentage has increased by 23.2% 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 | 8.1% | -35.2% |
% Black | 68.3% | 0.0% |
% Hispanic | 19.1% | 8.5% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 8.5% | 23.2% |
Mortgage and Risk — Desoto, TX
According to HUD data as of 2023, there were 307 mortgage originations in Desoto, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Desoto, TX. Investor activity is low, as 2.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 307 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Desoto, TX
As of 2024, the percent of homes in Desoto, TX under the Section 8 program is 14.8%. 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 Desoto, TX, 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 | 922 |
Total Units Section 8 | 922 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 80.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,210 | $1,610 |
| 2 Bedroom | $290 | $1,600 | $1,890 |
| 3 Bedroom | $250 | $2,120 | $2,370 |
| 4 Bedroom | $440 | $2,600 | $3,040 |
Affordability — Desoto, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $322,000 |
| Median Household Income | $83,400 |