Is De Soto County, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, De Soto County was a Seller's Market.
Housing Prices in De Soto County, LA
How much do homes in De Soto County, LA cost?
Median Sold Price
$275,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in De Soto County was $275,000 in April 2024, down 3.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39.5K | $90K | +127.8% |
2 Bedrooms | $71.6K | $119.8K | +67.3% |
3 Bedrooms | $218K | $253.9K | +16.5% |
4 Bedrooms | $380K | $377K | -0.8% |
5+ Bedrooms | $510K | $476K | -6.7% |
Summary: De Soto County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.8%, 2 bedroom homes increased by 67.3%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Counties
Caddo County | $185K | $184.9K | -0.1% |
De Soto County | $285K | $275K | -3.5% |
Housing Supply in De Soto County, LA
How many homes are available in De Soto County, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 59 | +18.0% |
Summary: The De Soto County real estate market had 59 homes for sale in April 2024, a 18.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The De Soto County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in De Soto County in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for De Soto County, LA
How long does it take to sell a home in De Soto County, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 31 Days | -34.0% |
Summary: Homes in De Soto County had an average of 31 days on market in Apr 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in De Soto County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.