Is De Soto, MO 63020 a buyer’s or seller’s market?

The De Soto housing market right now

In the three months ending August 31, 2026, 34% of homes in De Soto, MO 63020 sold above their list price, the typical home went under contract in 28 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 73 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 41%, homes sold faster (35 days then) and the median sale price rose 5% to $224,903. Overall, De Soto is less competitive than a year ago, which gives buyers more room.

Within Jefferson County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, De Soto ranks #116 of 263 MO ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Festus 63028 (32% sold over asking), while Arnold 63010 (54% sold over asking) and Fenton 63026 (52% sold over asking) are even more competitive.