Is De Soto, KS 66018 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

De Soto is a seller’s market. With about 2.6 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score80/ 100

More competitive than 86% of U.S. ZIP codes, and #23 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list43.7%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$207▲ +0.8% vs. last year

The De Soto housing market right now

In the three months ending August 31, 2026, 44% of homes in De Soto, KS 66018 sold above their list price, the typical home went under contract in 14 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 35%, homes sold faster (17 days then) and the median sale price fell 4% to $497,285. Overall, De Soto is more competitive than a year ago, so tougher for buyers.

Within Johnson County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, De Soto ranks #23 of 122 KS ZIP codes with enough sales (score 80 out of 100).

Nearby, buyers who want less competition could look at Leawood 66211 (15% sold over asking) or Overland Park 66221 (29% sold over asking), while Shawnee 66203 (64% sold over asking) and Overland Park 66213 (62% sold over asking) are even more competitive.

Nearby markets

Edgerton 66021Seller’s market $219 /sq ftGardner 66030Seller’s market $200 /sq ftLeawood 66206Seller’s market $289 /sq ftLeawood 66209Seller’s market $206 /sq ft Browse all markets →

Where De Soto is

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Questions about De Soto real estate

Is De Soto a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in De Soto, KS 66018 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in De Soto?

The typical home went under contract in 14 days in the latest three months.

Do homes in De Soto sell over asking?

44% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in De Soto?

About 1.14% of a home’s value a year in Johnson County, or roughly $4,560 on a $400,000 home.

What is the median home price in De Soto?

The median sale price was $497,285 in the three months ending August 31, 2026, about $207 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology