DeSoto County, Florida Housing Market Prices
DeSoto County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 29% below the Florida median$220,318
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Median rent 44% below the Florida median Cheaper than 74% of counties in Florida$932
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | DeSoto County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $220,318 | $311,338 | $248,835 |
| Price Trend (Annual %) | 37.9% | 11.2% | 7.5% |
| Median Gross Rent | $932 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in DeSoto County is about 29% lower than in Florida. Rent is about 44% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in DeSoto County, up about 37.9% and 4.3% a year respectively. Home prices are changing faster.
Median rent in DeSoto County rose about 40.3% between 2015 and 2024, from $664 to $932. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in DeSoto County.
Buying the median-priced home in DeSoto County costs roughly 19.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in DeSoto County. The price-to-rent ratio in Florida is about 15.6.
| Metric | DeSoto County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $220,318 | $311,338 | $248,835 |
| Median Household Income | $53,666 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.1 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in DeSoto County rose about 166.8%, while median household income rose about 26.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | DeSoto County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.6% | 57.7% | 58.5% |
| Rental Rate | 22.2% | 27.7% | 31.2% |
| Vacancy Rate | 19.2% | 14.6% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
DeSoto County has a homeownership rate of 58.6%, higher than the Florida average of 57.7%. Its housing vacancy rate is 19.2%, compared with 14.6% in Florida.
Housing Stock
| Metric | DeSoto County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1989 | 1988 | 1978 |
| Median Number of Rooms | 4.9 | 5.2 | 5.5 |
The typical housing unit in DeSoto County was built around 1989. On average, 2.5 people live in a home with about 4.9 rooms, staying for about 14.0 years on average.
DeSoto County, FL Housing Compared With Nearby Counties
DeSoto County, FL is the 5th largest of the 6 counties compared here, 35,386 residents against a local median of 201,064. The measure that sets DeSoto County, FL apart most is median rent: $932, 36% below the local median of $1,463.
Median home price tells the same story from another angle: $220,318 against a local median of $265,501, 17% below it. The counties themselves spread $856 on median rent, so DeSoto County, FL sits at one end of an already wide local range rather than apart from it. DeSoto County, FL has the 6th highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| DeSoto County, FL | 35,386 | $220,318 #4/6 | $932 #6/6 | 72.5% #5/6 |
| Hardee County, FL | 25,673 | $38,262 | $961 | 71.4% |
| Charlotte County, FL | 201,064 | $265,501 | $1,463 | 83.8% |
| Highlands County, FL | 105,700 | $103,434 | $1,034 | 78.6% |
| Sarasota County, FL | 459,530 | $414,479 | $1,818 | 76.6% |
| Lee County, FL | 815,257 | $341,203 | $1,712 | 74.3% |
Frequently Asked Questions
Common questions about the housing market in DeSoto County, Florida.
What is the median home price in DeSoto County, Florida?
The median home price in DeSoto County, Florida is $220,318, lower than the Florida average of $311,338.
What is the average home price in DeSoto County, Florida?
The typical home price in DeSoto County, Florida, reported as the median sale price, is $220,318. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in DeSoto County, Florida?
The median gross rent in DeSoto County, Florida is $932 per month, lower than the Florida average of $1,668.
What was the median gross rent in DeSoto County in 2020?
In 2020, the median gross rent in DeSoto County, Florida was $737 per month.
What is the price-to-rent ratio in DeSoto County, Florida?
The price-to-rent ratio in DeSoto County, Florida is about 19.7, meaning it would take roughly 19.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in DeSoto County.
Are home prices or rent rising faster in DeSoto County, Florida?
Both home prices and rent are rising in DeSoto County, up about 37.9% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in DeSoto County, Florida?
58.6% of households in DeSoto County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in DeSoto County, Florida?
The housing vacancy rate in DeSoto County, Florida is 19.2%, higher than the Florida average of 14.6%.
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