Desoto County, MS Home Values & Market Trends

The median home price in Desoto County, MS is $302,856.14. There were 2,446 home sales in Desoto County, MS over the past 12 months. The median residential Desoto County, MS home value for transactions over the previous year is $0. The number of current listings in Desoto County, MS is 338, and the percentage of properties for sale is 338.00%. The county has 40 foreclosures, 8 bank owned properties, 32 headed for auction, and 338 properties for sale.

Desoto County, MS Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Olive Branch

$ 353,826

$ 149/sqft

Nesbit

$ 440,000

$ 152/sqft

Southaven

$ 299,793

$ 149/sqft

Walls

$ 253,547

$ 141/sqft

Hernando

$ 411,018

$ 154/sqft

Lake Cormorant

$ 269,794

$ 203/sqft

Horn Lake

$ 196,424

$ 142/sqft

Housing Market Summary for Desoto County, MS

Apr 2023March 2024Change
Median Listing Price$369K$287.1K-22.21%
Median Sold Price$279.4K$287.1K2.74%
Homes For Sale25732626.85%
Homes Sold1,2351,37811.58%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Desoto County, MS

Desoto County, MS home values range from $21,312 to $4,761,725. Nesbit is the priciest city with a median listing home price of $431,950, and Horn Lake is most affordable with average house prices of around $209,500.

Foreclosure
There are 7 cities within Desoto County, MS; within these cities, the median estimated home value for homes in foreclosure ranges from $322,132 in Hernando to the lowest value of $141,520 in Hernando. Foreclosure homes account for 0.00% of properties in Desoto County, MS with Southaven containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Desoto County, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Desoto County, MS; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Desoto County, MS ranges from the highest value of $179,084 in Walls to the lowest value of $174,651 in Southaven. Bank owned homes and properties account for 0.01% of properties in Desoto County, MS. There are 7 cities within Desoto County, MS; Southaven containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Southaven has 8 auction properties, the highest number of properties going to auction in a single city in the state of Desoto County, MS. Auction homes and other auction properties account for 0.05% of all properties in Desoto County, MS. There are 7 cities within Desoto County, MS; of those cities, the median estimated home value for homes going to auction ranges from $322,850 in Nesbit to the lowest value of $141,520 in Nesbit.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Desoto County, MS with Olive Branch containing 123 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Desoto County, MS; homes for sale in those cities, have a range of median values from $269,794 in Lake Cormorant to the lowest value of $64,663 in Southaven.
    Sold Homes
    The median value for recently sold homes ranges from $485,131 in Walls to the lowest price of $49,358 in Walls. There are 7 cities within Desoto County, MS. Olive Branch has 442 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.34% of properties in Desoto County, MS.

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      Guide for Desoto County, MS

      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.