DeSoto, TX

Population: 50,795
Average annual home appreciation rate: 4.41%
Total of homes for sale in this market:
Median home price: $147,039
Median Rent: $780 per room
Home price range: 63.45% of homes are between $105,001 – $210,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 74.13% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.50%
Number of renters: 30.37%
Number of owner occupied: 69.63%
Number people living below poverty level: 8.48%
Unemployment rate: 7.60%
Is this area perfect for real estate deals going on right now? Relative to Texas, DeSoto’s latest annual appreciation rate is higher than 70% of the other cities and towns in Texas. In the past two years it has steadily moved up and in the latest quarter the annual appreciation rate shows that a savvy cash investor could have success in the near future.

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