DeSoto, Texas · Homes for sale

In DeSoto, your price band decides the negotiation before you see a single house.

Under $500,000 this market moves in weeks and you are competing. Above $700,000 the entire city closed ten homes in six months and the seller is the one under pressure. Same city, two completely different negotiations. Most agents will just start booking showings.

Run my real payment
182Active listingsReal Market Reports / NTREIS, Aug 23 2026
$375,000Median sale priceHAR / NTREIS, 75115 single-family, June 2026
29Median days on marketHAR / NTREIS, June 2026
4.5Months of supplyReal Market Reports / NTREIS, to Aug 23 2026

Based on current conditions. Figures reflect the periods and sources named and are not a forecast.

Start here

Pick a price. See the actual homes.

Live MLS listings in DeSoto, updated through the day, with photos, addresses and prices. Start with what you can spend — no form, no sign-in. The band you land in changes your whole negotiation, and the table below shows why.

Every home in DeSotoEverything on the marketSee the homes Under $300,000Entry priceSee the homes $300K – $400KMost DeSoto salesSee the homes $400K – $500KMove-upSee the homes $500K – $700KRoom to negotiateSee the homes $700,000 and upSlowest market, best termsSee the homes New constructionBuilt 2025 or newerSee the homes Build your own searchBeds, baths, size, subdivisionOpen the search

Live MLS data through homes.stevenjthomas.com. Active counts move daily and use a wider property scope than the six-month figures further down this page — the two will not match, and that is expected.

Where the market actually is

DeSoto is not one market. It is five.

Six months of DeSoto sales, broken out by price. Find the row for the band you just clicked — it tells you more about your negotiating position than any showing will.

Price bandActivePendingSold, 6 monthsWhat that means for you
$200–300K25923Tight. Expect competition and move fast.
$300–400K612464The heart of DeSoto. Most sales, most choice, still brisk.
$400–500K311647Active. More sold than listed — sellers hold the edge.
$500–600K341144Balanced. Room to negotiate on the right house.
$600–700K11321Thin inventory, but it does move.
$700K+19310Nineteen homes listed, ten sold in six months. This is your market, not theirs.

Source: Real Market Reports (NTREIS MLS data), DeSoto, six months ending Aug 23 2026. Band totals sum to 211 of a stated 243 sales, so 32 sales (13%) are unallocated — treat the counts as lower bounds. The $700K+ row combines the $700–800K, $800–900K, $900K–$1M and $1M+ bands.

Ten homes above $700,000 sold in this city in six months. Nineteen are sitting there right now.

That is what a buyer’s market looks like in numbers rather than in a headline. If you are shopping above $700,000 in DeSoto you have time, you have choice, and you have room on price, closing costs and repairs that a buyer at $340,000 simply does not have.

Down in the $300–400K band the picture flips. Sixty-four homes sold against sixty-one listed over the same six months. There, the plan is about being ready to move — financing lined up, terms decided in advance — not about how hard you negotiate.

Citywide in June 2026: 29.8% of homes sold above list, 34.0% of listings took a price cut, and homes averaged 2 offers. Redfin scores DeSoto 55/100, “Somewhat Competitive.” (Redfin, June 2026.)

What you are actually buying

Most of DeSoto was built in the 1990s.

The median DeSoto home was built around 1994. That puts a typical house here at roughly thirty years old — past the useful life of an original roof, an original HVAC system, and in many cases the original water heater and windows.

None of that is a reason to walk away. It is a reason to know, before you write an offer, which of those systems have been replaced and which have not, because the answer is worth five figures and it belongs in your negotiation rather than in a surprise six months after closing.

On a house this age I want the roof age, the HVAC age, the water heater date, any foundation work and its warranty, and the electrical panel — in writing, before we talk price.

Median year built for owner-occupied DeSoto homes: 1994 — City-Data, ACS-derived. Homes.com’s DeSoto guide reports 1998. Either way, mid-to-late-1990s stock.

Why me

One person, both sides.

I am a licensed broker and a licensed loan officer. That means the person showing you the house is the same person who can tell you what the payment on it actually is — taxes, insurance, HOA, PMI, all of it — while we are standing in the driveway.

  • Your real monthly payment on any DeSoto address, not a payment-per-month estimate off a listing site
  • What your offer terms cost or save you, priced out before you sign
  • Loan type compared side by side for your situation, not whichever one is fastest to close
  • A price band read, so you know where you have negotiating room before the first showing

30-year fixed averaged 6.65% and 15-year fixed 5.95% the week of Aug 20, 2026 (Freddie Mac PMMS). The 2026 conforming loan limit for a one-unit Texas property is $832,750 (FHFA). Rates change weekly; your rate depends on your file.

One step

Send me a house. I’ll send back the real payment.

Pick any DeSoto listing — mine or anybody else’s. I will run the actual monthly number on it at current rates: principal, interest, DeSoto taxes, insurance, HOA if there is one, and mortgage insurance if it applies. Then we talk about whether it is the right house.

No application, no credit pull, no obligation.

Payment run

Get the number on a specific house

Buyer questions

What DeSoto buyers ask me first

Should I wait for rates to come down?
Nobody can tell you where rates go, and anyone who does is guessing. What I can tell you is what waiting costs you in your specific band, at your specific price, against what you are paying now — and what a lower rate later would have to be to make up the difference. That is a calculation, not an opinion, and it takes about ten minutes. The 30-year fixed averaged 6.65% the week of Aug 20, 2026 (Freddie Mac PMMS).
How much house can I actually afford in DeSoto?
Affordability here is driven as much by property taxes and insurance as by the loan. Two houses at the same price can carry meaningfully different monthly payments depending on the taxing entities, the exemptions in place, and whether there is an HOA. That is why I run the number on a real address rather than handing you a general pre-qualification figure.
Which loan type is right for me?
It depends on your down payment, your credit profile, and how long you plan to hold the house. Conventional, FHA and VA each cost different amounts over different time horizons, and the cheapest one at closing is often not the cheapest one at year five. Because I am licensed on the lending side, I can lay all of them out against your actual file rather than sending you off to find out.
Is now a good time to buy in DeSoto?
Based on current conditions, that depends entirely on your price band. Above $700,000 there were 19 active listings against 10 sales in six months — that is a buyer’s market. Between $300,000 and $500,000, sales outpaced listings over the same period and homes moved at a median 29 days. Same city, opposite answers. (Real Market Reports / NTREIS to Aug 23 2026; HAR / NTREIS June 2026.)
Do I need my own agent to see a house?
Yes, and you want one. The agent on the sign has a signed agreement with the seller and a duty to get the seller the best outcome. That is their job, and they are usually good at it. Your interests need someone on your side of the table.

More on DeSoto

The other four DeSoto pages

If you own a house here as well as shopping for one, the seller pages are the other half of that math.

DeSoto new constructionFor buyers · Eight builder communitiesGo to the page DeSoto TX real estateFor sellers · Market data, taxes, neighborhoodsGo to the page What is my home worthFor sellers · Six ways to sell, comparedGo to the page Selling a DeSoto homeFor sellers · Costs, timeline, what you clearGo to the page

One step

Know the payment before you fall for the house.

Send me any DeSoto address and I will come back with the real monthly number and how much negotiating room that price band gives you. Then you decide whether to go see it.

Run my real payment

Steven J. Thomas · Broker, Refind Realty DFW · TREC Broker License #0657467 · Loan Officer, Envision Home Lenders · NMLS #689220

128 S. Cockrell Hill Rd, DeSoto TX 75115 · (972) 846-9170 · [email protected]

Refind Realty DFW is owned and operated by Thomas & Thomas Financial Group, LLC. Market figures are sourced and dated above and reflect the periods named. Rates quoted are averages for the week named and are not an offer or commitment to lend. Nothing on this page is a guarantee of price, timeline, rate, or market outcome.

Equal Housing Opportunity · Equal Housing Lender