De Soto Parish, Louisiana Housing Market Prices
De Soto Parish 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 55% above the Louisiana median More expensive than 86% of counties in Louisiana$263,686
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Median rent 35% below the Louisiana median Cheaper than 87% of counties in Louisiana$686
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,686 | $170,446 | $248,835 |
| Price Trend (Annual %) | 39.3% | 4.3% | 7.5% |
| Median Gross Rent | $686 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in De Soto Parish is about 55% higher than in Louisiana. Rent is about 35% lower than the Louisiana 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 De Soto Parish, up about 39.3% and 2.2% a year respectively. Home prices are changing faster.
Median rent in De Soto Parish rose about 16.6% between 2015 and 2024, from $589 to $686. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 5.4 yearly household incomes in De Soto Parish.
Buying the median-priced home in De Soto Parish costs roughly 32.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in De Soto Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,686 | $170,446 | $248,835 |
| Median Household Income | $48,684 | $60,934 | $80,455 |
| Price-to-Income Ratio | 5.4 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in De Soto Parish rose about 141.4%, while median household income rose about 29.1% 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 | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.8% | 57.7% | 58.5% |
| Rental Rate | 18.9% | 27.9% | 31.2% |
| Vacancy Rate | 17.3% | 14.4% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
De Soto Parish has a homeownership rate of 63.8%, higher than the Louisiana average of 57.7%. Its housing vacancy rate is 17.3%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1987 | 1983 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in De Soto Parish was built around 1987. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
De Soto Parish, LA Housing Compared With Nearby Counties
De Soto Parish, LA is the 2nd largest of the 4 counties compared here, 27,025 residents against a local median of 22,726. The measure that sets De Soto Parish, LA apart most is median home price: $263,686, more than 4 times the local median of $59,652.
Median rent tells the same story from another angle: $686 against a local median of $834, 18% below it. The counties themselves sit within $112,758 of each other on median home price, a tighter band than the gap between any of them and De Soto Parish, LA, which makes it a genuine outlier here rather than one end of a wide local spread. De Soto Parish, LA has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| De Soto Parish, LA | 27,025 | $263,686 #1/4 | $686 #4/4 | 77.2% #3/4 |
| Sabine Parish, LA | 21,977 | $147,341 | $701 | 80.2% |
| Caddo Parish, LA | 229,305 | $59,652 | $973 | 60.3% |
| Panola County, TX | 22,726 | $34,582 | $834 | 79.9% |
Frequently Asked Questions
Common questions about the housing market in De Soto Parish, Louisiana.
What is the median home price in De Soto Parish, Louisiana?
The median home price in De Soto Parish, Louisiana is $263,686, higher than the Louisiana average of $170,446.
What is the average home price in De Soto Parish, Louisiana?
The typical home price in De Soto Parish, Louisiana, reported as the median sale price, is $263,686. 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 De Soto Parish, Louisiana?
The median gross rent in De Soto Parish, Louisiana is $686 per month, lower than the Louisiana average of $1,063.
What was the median gross rent in De Soto Parish in 2020?
In 2020, the median gross rent in De Soto Parish, Louisiana was $628 per month.
What is the price-to-rent ratio in De Soto Parish, Louisiana?
The price-to-rent ratio in De Soto Parish, Louisiana is about 32.0, meaning it would take roughly 32.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in De Soto Parish.
Are home prices or rent rising faster in De Soto Parish, Louisiana?
Both home prices and rent are rising in De Soto Parish, up about 39.3% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in De Soto Parish, Louisiana?
63.8% of households in De Soto Parish, Louisiana own their home, higher than the Louisiana average of 57.7%.
What is the vacancy rate in De Soto Parish, Louisiana?
The housing vacancy rate in De Soto Parish, Louisiana is 17.3%, higher than the Louisiana average of 14.4%.
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