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📍 Scotland, TX · Zillow ZHVI · July 2026

Average Home Price in
Scotland, TX

Wichita Falls, TX metro area · Archer County County

Median Home Value
$228,380
↑ 5.7% year-over-year
vs. National Median
$410,000
Scotland is 44% below
Est. Monthly Payment
$1,191/mo
20% down · 6.8% rate
Income Needed
$61K
gross annual (30% rule)
Median Home Value
$228,380
↑ 5.7% year-over-year
Down Payment (20%)$45,676
Monthly P&I$1,191/mo
With Taxes & Ins.~$1,513/mo
Income Needed$60,520/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Scotland, TX

The median home value in Scotland, TX is $228,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and down 9.4% from two years prior.

Compared to the U.S. national median of $410,000, homes in Scotland are priced44% below average. Scotland is part of the Wichita Falls, TX metro area.

City Comparison

Scotland vs. National Median

🏠 Scotland
$228,380
National Median
$410,000

At $228,380, homes in Scotland cost 44% below the national median of $410,000. This makes Scotland a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Scotland?

20% Down Payment
$45,676
on $228,380
Monthly P&I
$1,191/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,513/mo
incl. taxes & insurance
Income Needed
$60,520
gross annual (30% rule)
10% Down Option
$22,838
+ PMI applies
Loan Amount (20% dn)
$182,704
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 Scotland, TX?
The median home value in Scotland is $228,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Scotland?
Over the past year, home values in Scotland have increased by 5.7%.
How much do I need to earn to buy a home in Scotland?
To comfortably afford the median home price of $228,380 with a 20% down payment ($45,676) at today's rates (6.8%), you'd need a gross annual income of approximately $60,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Scotland compare to the national average home price?
The national median home value is approximately $410,000. At $228,380, homes in Scotland are 44% below the national average.
What metro area is Scotland part of?
Scotland is part of the Wichita Falls, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.