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Featured local agent — De Soto, IL
Sarah Mitchell
Compass Real Estate · De Soto, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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De Soto, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the De Soto, IL housing market right now?
The median home sale price in De Soto, IL is $110,000, up 15.9% year-over-year. Homes sell in an average of 60 days with 7 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is De Soto a buyer's or seller's market?
De Soto, IL is currently a buyer's market, based on 7.0 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
60
Average pace
Active listings
7
7.0 months supply
Sale-to-list
98.2%
Below asking
What does the De Soto housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Median list price | $159,900 |
| Year-over-year price change | +15.9% |
| Average days on market | 60 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $103/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 57.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in De Soto by property type?
How the De Soto, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $110,000 | $103/sq ft | 1 | 60 days |
| Townhouse | $55,000 | $36/sq ft | 1 | 11 days |
Source: Redfin · Updated monthly
The De Soto housing market is currently classified as a buyer's market with a median sale price of $110,000. Prices have risen 15.9% compared to last year, with homes spending an average of 60 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Homes for sale in De Soto
There are currently 7 homes listed for sale in De Soto, Illinois. The median listing price is $160K.
Active listings
7
Homes on market
Median list price
$160K
Avg. days on market
60
Days until sale
New this week
1
Newly listed
Who lives in De Soto?
Population
1,701
Median income
$52,131/yr
Median age
35.7 years
Owner-occupied
45.1%
College grads
17.4%
Avg commute
18.2 min
Source: U.S. Census Bureau ACS
What are homes worth in De Soto?
Zillow home value
$131,205
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in De Soto?
De Soto is a community of approximately 2K residents with a median age of 35.7 years.The median household income is $52,131, which represents a working-class community with solid middle-income opportunities. 17.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, De Soto offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve De Soto?
2 schools tracked · 192 students
The largest public schools serving De Soto, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
DeSoto Elementary School
Grades PK-8 · 192 students
TCSE-DESOTO ELEM
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near De Soto, IL?
Want a head-to-head view? Compare De Soto side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in De Soto?
The median home sale price in De Soto is $110,000, up 15.9% from last year.
How long do homes stay on market in De Soto?
Homes typically spend 60 days on market before going under contract.
What is the median income in De Soto?
The median household income is $52,131 per year.
Is De Soto a buyer's or seller's market?
With 7.0 months of supply, De Soto is currently a buyer's market.
What is the Zillow home value estimate for De Soto?
The Zillow Home Value Index (ZHVI) for De Soto is $131,205, representing the typical home value in the area.
How much does a single-family home cost in De Soto?
The median single-family home price in De Soto, IL is $110,000 (about $103 per square foot).
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