DeSoto Home Value: Worth Less Than 2 Years Ago?
Is my DeSoto home worth less than it was two years ago?
By Steven J. Thomas, Broker, Refind Realty DFW · Loan Officer, Envision Home Lending LLC, NMLS #689220. Baylor-trained in financial planning, with 20+ years in financial services and 14+ in real estate. Last updated October 15, 2026.
Based on current conditions, yes, on paper. The median DeSoto home sold for $350,000 in August 2026. That is 6.98% below the $376,250 median two years earlier and 8.16% above the $323,595 median three years earlier (RPR, as of Aug. 31, 2026). Your house is not the median. A walk-through sets your number.
Most owners remember what a neighbor's house sold for two summers ago and measure their own home against it. That number was real. It is also two years old.
How much have DeSoto home prices changed in two and three years?
RPR's August 2026 report shows a $350,000 median sold price in DeSoto. That is down 0.7% from a year ago, down 6.98% from two years ago, and up 8.16% from three years ago. The two-year drop is $26,250. The three-year gain is $26,405.
| Period | DeSoto median sold price then | Today's $350,000 compared with then |
|---|---|---|
| 12 months ago | $352,450 | -0.7% |
| 24 months ago | $376,250 | -6.98% |
| 36 months ago | $323,595 | +8.16% |
Source: RPR market report for DeSoto, TX, as of Aug. 31, 2026. August's median rose 7.69% from July, so single-month readings swing.
Is DeSoto's home value still falling?
Slower. RPR's median sold price fell about 6.3% from 24 months ago to 12 months ago ($376,250 to $352,450), then another 0.7% to $350,000 today. RPR's separate estimated-value measure is down 3.01% over 12 months. Based on current conditions, the drop has slowed, but one month does not set a trend.
The 12-month figures come from the same RPR report, as of Aug. 31, 2026. Most of the two-year decline landed in the first year of that window.
Why do DeSoto asking prices and sold prices tell different stories?
The median list price in DeSoto was $409,949 in August, 17.1% above the $350,000 median sold price (RPR, as of Aug. 31, 2026). Part of that gap is overpricing. Part is mix: larger, newer homes sit longer, so active listings skew high while smaller homes close. Neither number prices your house.
The direction matters too. Asking prices are up 2.49% from a year ago, while the median sold price is down 0.7%. Sellers are asking more and buyers are paying slightly less. Online estimates average across both sides of that gap. A walk-through shows which side your house belongs on. For a closer look at estimate error, read how far off Zillow's estimate runs on a DeSoto home.
Is it still a good time to sell a DeSoto home?
RPR labels DeSoto a seller's market for August 2026. Homes sold in a median of 27 days at 99.1% of list price, with 5.14 months of inventory (RPR, as of Aug. 31, 2026). Based on current conditions, a well-priced home closed near its asking price. Your timing still depends on your payoff and your next move.
Speed varies by source and by month. Why DeSoto timelines read 27 days in one report and 44 in another explains the difference.
What does a lower two-year median mean for my equity?
It depends on when you bought. A buyer near the 24-month median of $376,250 would see today's $350,000 median sit $26,250 lower. A buyer near the 36-month median of $323,595 would see it sit $26,405 higher. Your payoff and your home's condition decide your equity, not the median.
To turn a sale price into a check, use the line-by-line math in what a DeSoto seller keeps at closing.
How do I find out what my DeSoto home is worth today?
Start with sold comparables from the last 90 days in your subdivision, then adjust for condition, updates, and lot. A walk-through catches what data cannot: a new roof, a dated kitchen, a backyard that drains badly. The Home Selling Score turns that into a price range you can plan around.
Get your free Home Selling Score and see what your DeSoto home is worth today.
Asking and closing prices sit $59,949 apart in DeSoto. Which side your house lands on is the whole question. You can also read about selling and buying in DeSoto or check current DeSoto home values by neighborhood.
FAQ
Did DeSoto home prices drop in 2026?
The median sold price was $350,000 in August 2026, 0.7% below a year earlier (RPR, as of Aug. 31, 2026). The larger drop, 6.98%, shows up against two years earlier.
How long does it take to sell a house in DeSoto?
The median was 27 days in August 2026 (RPR, as of Aug. 31, 2026). Your timeline moves with your price and your condition.
Does the Zillow estimate match DeSoto sold prices?
Online estimates are averages built from public data. They do not see your updates or your condition. Compare yours with recent sold homes in your subdivision, then confirm with a walk-through.
What does it cost to sell a DeSoto home?
Costs include your mortgage payoff, commission, title and closing fees, and tax proration. The exact figure depends on your contract terms, so build the net sheet before you list.
Where can I find official North Texas market data?
The Texas Real Estate Research Center at Texas A&M produces the monthly NTREIS summary reports. The July 2026 report covers North Texas counties.
Steven J. Thomas · Broker, Refind Realty DFW · TREC Broker License #0657467 · Loan Officer, Envision Home Lending LLC · NMLS #689220 · Company NMLS #2619789. Equal Housing Opportunity. TREC Information About Brokerage Services. Market figures are based on current conditions, change monthly, and are not a guarantee of price, timeline, or outcome. Call or text 972-846-9170.
