De Soto, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating De Soto Neighborhoods Since 2000




De Soto, MO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

De Soto Housing Market Information

With a population of 6,495, 2,732 total housing units (homes and apartments), and a median house value of $102,008, house prices in De Soto are solidly below the national average.

Single-family detached homes are the single most common housing type in De Soto, accounting for 70.33% of the city's housing units. Other types of housing that are prevalent in De Soto include large apartment complexes or high rise apartments ( 15.84%), duplexes, homes converted to apartments or other small apartment buildings ( 11.85%), and a few mobile homes or trailers ( 1.53%).

People in De Soto primarily live in small (one, two or no bedroom) single-family detached homes. De Soto has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. De Soto's housing was primarily built during this period, from the '40s through the '60s. A full 39.60% of the city's housing hails from this era. Other housing ages represented in De Soto include homes built between 1970-1999 ( 27.65%) and housing constructed before 1939 ( 23.63%). There's also some housing in De Soto built between 2000 and later ( 9.12%).

Vacant housing appears to be an issue in De Soto. Fully 11.33% of the housing stock is classified as vacant. Left unchecked, vacant De Soto homes and apartments can be a drag on the real estate market, holding De Soto real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

De Soto Home Appreciation Rates

De Soto's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in De Soto during the period has been just -1.47%, which is lower than 80% of US communities.

Over the last year, De Soto appreciation rates have trailed the rest of the nation. In the last twelve months, De Soto's appreciation rate has been 1.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in De Soto were at 1.03%, which equates to an annual appreciation rate of 4.19%.

Relative to Missouri, our data show that De Soto's latest annual appreciation rate is lower than 70% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$102,008

De Soto, MO HOME PRICES

Value Range
> $1,073,000 1.2
$805,001 - $1,073,000 0.0
$537,001 - $805,000 0.0
$429,001 - $537,000 0.0
$322,001 - $429,000 0.4
$215,001 - $322,000 6.0
$107,001 - $215,000 40.2
$54,001 - $107,000 39.9
$0 - $54,000 12.4

Low for MO
Low for Nation

Value Relative to Nation Value Relative to State
76.3213406773702 68.2

Number Of Homes And Apartments:
2,732

De Soto Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
18.81% 1.00% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$899 / per month

Homeownership Rate

Homeownership
Owners 53.57
Renters 46.43
Vacant 11.33

Housing Market Details

 

Age of Homes

AGE OF De Soto HOMES
2000 or Newer 9.1
1970 - 1999 27.7
1940 - 1969 39.6
1939 or Older 23.6

Types of Homes

TYPE OF De Soto HOMES
Single-Family 70.3
Townhomes 0.5
Small Apt. Buildings 11.8
Apt. Complexes 15.8
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF De Soto HOMES
No Bedroom 1.30
1 Bedroom 14.18
2 Bedrooms 39.34
3 Bedrooms 34.08
4 Bedrooms 8.11
5 or more bedrooms 2.99