Market Overview
Home Prices in Scobey, MS
The median home value in Scobey, MS is $157,478 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 12.3% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Scobey are priced62% below average. Scobey is part of the Grenada, MS metro area.
Over the past five years, Scobey home values have fallen by approximately19.1%, reflecting softening conditions in this market.
Price History
Scobey Home Price Trend
2020
$163,143
$163K
—
2021
$194,726
$195K
+19.4%
2022
$208,828
$209K
+7.2%
2023
$191,069
$191K
-8.5%
2024
$185,355
$185K
-3.0%
2025
$179,591
$180K
-3.1%
2026
$157,478
$157K
-12.3%
City Comparison
Scobey vs. National Median
🏠 Scobey
$157,478
National Median
$410,000
At $157,478, homes in Scobey cost 62% below the national median of $410,000. This makes Scobey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Scobey?
20% Down Payment
$31,496
on $157,478
Monthly P&I
$821/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,043/mo
incl. taxes & insurance
Income Needed
$41,720
gross annual (30% rule)
10% Down Option
$15,748
+ PMI applies
Loan Amount (20% dn)
$125,982
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Scobey, MS?
The median home value in Scobey is $157,478 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 12.3% year-over-year.
How much have home prices changed in Scobey?
Over the past year, home values in Scobey have decreased by 12.3%. Over five years, prices have fallen approximately 19.1%.
How much do I need to earn to buy a home in Scobey?
To comfortably afford the median home price of $157,478 with a 20% down payment ($31,496) at today's rates (6.8%), you'd need a gross annual income of approximately $41,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Scobey compare to the national average home price?
The national median home value is approximately $410,000. At $157,478, homes in Scobey are 62% below the national average.
What metro area is Scobey part of?
Scobey is part of the Grenada, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.