Is De Soto, IL 62924 a buyer’s or seller’s market?

The De Soto housing market right now

In the three months ending August 31, 2026, 14% of homes in De Soto, IL 62924 sold above their list price, the typical home went under contract in 57 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (44 days then) and the median sale price rose 11% to $134,942. Overall, De Soto is less competitive than a year ago, which gives buyers more room.

Within Jackson County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Vergennes 62994 (0% sold over asking) or Makanda 62958 (0% sold over asking), while Ava 62907 (50% sold over asking) and Murphysboro 62966 (17% sold over asking) are even more competitive.