De Soto, IL Home Values & Market Trends

Real estate market trends reflect that there have been 37 transactions over the past year in De Soto. The median value for residential home transactions that occurred over the previous year is $86,033.83. The number of current listings in De Soto is 3, and the percentage of properties for sale in the city is 3.00%. De Soto, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.

De Soto, IL Real Estate Market Overview

ZipMedian Est. Value
62924

$ 66,543

$ 59/sqft

Housing Market Summary for De Soto, IL

Apr 2023March 2024Change
Median Listing Price$19,500$81,901320.01%
Median Sold Price$97,500$81,901-16.00%
Homes For Sale11-
Homes Sold2121-
Price
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Homes For Sale
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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 De Soto, IL

De Soto home values range from $22,610 to $1,103,855. The median estimated value of a home in De Soto is $86,033.83. The median list price of a home is 125,000, and the total count of properties in the city is 1,077.

Foreclosure
There is 1 zips within De Soto, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $73,022 in 62924 to the lowest value of $73,022 in 62924. Foreclosure homes account for 0.00% of properties in De Soto, IL with 62924 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in De Soto, IL with 62924 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within De Soto, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $73,022 in 62924 to the lowest home value of $73,022 in 62924.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in De Soto, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in De Soto, IL. There is 1 zips within De Soto, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of De Soto, IL. Auction homes and other auction properties account for 0% of all properties in De Soto, IL. There is 1 zips within De Soto, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in De Soto, IL with 62924 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within De Soto, IL; homes for sale in that zips, have a range of median values from $87,994 in 62924 to the lowest value of $38,539 in 62924.
    Sold Homes
    The median value for recently sold homes ranges from $360,900 in 62924 to the lowest price of $28,405 in 62924. There is 1 zips within De Soto, IL. 62924 has 25 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.32% of properties in De Soto, IL.

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      Guide for De Soto, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Recently Listed Homes De Soto, IL

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