Is Desoto, TX 75115 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Desoto is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #76 of 868 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 supply4.3Under 4 months = seller’s market
Sold above original list23.2%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$150▼ −4.6% vs. last year

The Desoto housing market right now

In the three months ending August 31, 2026, 23% of homes in Desoto, TX 75115 sold above their list price, the typical home went under contract in 42 days and there were 4.3 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. That’s based on 133 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (54 days then) and the median sale price fell 6% to $339,853. Overall, Desoto is more competitive than a year ago, so tougher for buyers.

Within Dallas County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Desoto ranks #76 of 868 TX ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Dallas 75237 (0% sold over asking) or Dallas 75226 (0% sold over asking), while Dallas 75246 (33% sold over asking) and Hutchins 75141 (31% sold over asking) are even more competitive.

Nearby markets

Addison 75001Balanced $259 /sq ftBalch Springs 75180Balanced $164 /sq ftCarrollton 75006Balanced $202 /sq ftCedar Hill 75104Seller’s market $168 /sq ft Browse all markets →

Where Desoto is

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Questions about Desoto real estate

Is Desoto a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Desoto, TX 75115 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 Desoto?

The typical home went under contract in 42 days in the latest three months.

Do homes in Desoto sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Desoto?

About 1.58% of a home’s value a year in Dallas County, or roughly $6,320 on a $400,000 home.

What is the median home price in Desoto?

The median sale price was $339,853 in the three months ending August 31, 2026, about $150 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