De Soto, IL is a small community located in Madison County, Illinois. The median value of housing in De Soto is $87,400 which is significantly lower than the national median value at $338,100. It is encouraging to note that the 1 year house appreciation rate in De Soto was 8.05%, which is quite close to the US average of 8.27%. This indicates that the housing market in De Soto has been performing well over time and provides potential investors or homeowners with an opportunity to invest in this area.
The median home cost in De Soto is $87,400. Home appreciation the last 10 years has been 35.3%. Home Appreciation in De Soto is up 14.3%.
Average Age of Homes
- The median age of De Soto real estate is 42 years old
The Rental Market in De Soto
- Renters make up 30.3% of the De Soto population
- 5.8% of houses and apartments in De Soto, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.