DeSoto County, Florida Housing Market

In DeSoto County, Florida, the median home value is $174,100, with a median monthly rent of $932. This places DeSoto County at #1718 nationally out of 3134 counties by median home value, and #52 within Florida.

Median Home Value $174,100
Median Rent $932/mo
Owner Occupancy 72.5%
Price/Rent Ratio 15.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in DeSoto County rose +9.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,805
jobs (private sector)
  • Avg weekly wage: $961
  • Establishments: 732
  • BLS QCEW, 2025
🏗️

Housing Supply

159
new units authorized (2025)
  • Single-family: 159
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1383
net migration (filers, 2021-2022)
  • Inflow: 12,652 (avg $55,075)
  • Outflow: 11,269 (avg $54,596)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in DeSoto County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 34266 395.4 +11.91% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How DeSoto County Compares

MetricDeSoto CountyFlorida AverageU.S. Average
Median Home Value $174,100 $284,325 $227,706
Median Gross Rent $932 $1,303 $968
Owner Occupancy Rate 72.5% 74.6% 73.3%
Price/Rent Ratio 15.6 17.6 18.7

Market Analysis

The median home value in DeSoto County is 38.8% below the Florida state average and 23.5% below the U.S. national average. The median rent of $932/month is 28.5% below the state average.

With a price-to-rent ratio of 15.6, the buy-vs-rent decision in DeSoto County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

DeSoto County has an owner-occupancy rate of 72.5%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Luzerne County Pennsylvania $174,100 $1,004
Taylor County Kentucky $174,200 $718
Gage County Nebraska $174,000 $774
Titus County Texas $174,000 $907
Marshall County Kentucky $173,800 $798

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
Gadsden County $174,900 $851 70.7%
Suwannee County $171,600 $884 74.9%
Washington County $171,000 $888 80.0%
Union County $169,500 $894 74.7%
Highlands County $187,900 $1,035 78.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).