House Prices

House Prices & Home Values Scotland, IN 2026


Average Data

average house price$261,471
average size per house1968 ft²
average price per ft²133 $ / ft²

04/15/2026 - The value range (VR) for house prices in Scotland, IN is $105/ sqft to $105/ sqft. An average home with 1968 sqft costs approximately $206,640 to $206,640. Scotland, IN includes 1 ZIP codes and it is located in Greene county. The lowest prices are found in ZIP 47457, while the highest are in ZIP 47457. The average price per sqare feet is $133. Our analysis is based on 44 property listings.

Avergage prices by ZIP codes Scotland

4745799 $ / ft²




Historical development of home values in Scotland

Year Estimated value (USD) Change vs. 2025
2010 $121,432 -53.6%
2011 $116,736 -55.4%
2012 $116,422 -55.5%
2013 $120,773 -53.8%
2014 $126,779 -51.5%
2015 $133,285 -49.0%
2016 $140,241 -46.4%
2017 $147,811 -43.5%
2018 $155,982 -40.3%
2019 $163,215 -37.6%
2020 $171,652 -34.4%
2021 $195,236 -25.3%
2022 $227,601 -13.0%
2023 $240,016 -8.2%
2024 $253,902 -2.9%
2025 $261,471 0.0%

Graph: estimated home values in Scotland over time (USD)



Example: 100% financing house in Scotland

Loan amount: $261,471

Interest rate: 6.00%

Fixed monthly payment: $1,567.65

Breakdown in the 1st month:
Interest portion: $1,307.36  –  Principal portion: $260.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,600.91 $3,210.89 $258,260.11
2 $15,402.87 $3,408.94 $254,851.17
3 $15,192.62 $3,619.19 $251,231.98
4 $14,969.39 $3,842.41 $247,389.56
5 $14,732.40 $4,079.41 $243,310.16
6 $14,480.79 $4,331.02 $238,979.14
7 $14,213.67 $4,598.14 $234,381.00
8 $13,930.06 $4,881.75 $229,499.25
9 $13,628.97 $5,182.84 $224,316.41
10 $13,309.30 $5,502.51 $218,813.90
11 $12,969.92 $5,841.89 $212,972.01
12 $12,609.60 $6,202.21 $206,769.80
13 $12,227.06 $6,584.74 $200,185.06
14 $11,820.93 $6,990.88 $193,194.18
15 $11,389.75 $7,422.06 $185,772.12
16 $10,931.97 $7,879.84 $177,892.29
17 $10,445.96 $8,365.85 $169,526.44
18 $9,929.98 $8,881.83 $160,644.61
19 $9,382.16 $9,429.65 $151,214.96
20 $8,800.56 $10,011.25 $141,203.72
21 $8,183.09 $10,628.72 $130,575.00
22 $7,527.54 $11,284.27 $119,290.73
23 $6,831.55 $11,980.26 $107,310.46
24 $6,092.63 $12,719.18 $94,591.28
25 $5,308.14 $13,503.67 $81,087.61
26 $4,475.26 $14,336.55 $66,751.07
27 $3,591.02 $15,220.79 $51,530.27
28 $2,652.23 $16,159.58 $35,370.69
29 $1,655.54 $17,156.27 $18,214.43
30 $597.38 $18,214.43 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Scotland, IN


1500 sqft3900 sqft
Ø selling price$241,396$513,514
Ø fast selling$219,451$462,162
Ø high price sale$263,340$564,865

In 2026, houses in Scotland, IN will be offered at an average price of $133 per square foot. A 1,500 sqft home priced at $241,396 is 21.53% more expensive per square foot than a 3,900 sqft home priced at $513,514. Home prices in Scotland, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $355,509. Sellers who can wait longer may achieve a higher price of up to $434,512.

FAQ – Home Values in Scotland

What is the median home value in Scotland in 2026?

In 2026, the typical home value in Scotland is about $261,471 for an average home size of 1968 square feet. This corresponds to an average price of roughly $133 per square foot.

What is the average cost per square foot in Scotland?

In 2026, homes in Scotland sell for an average of around $133 per square foot, with a typical range between $105 and $105 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Scotland is about 1968 square feet, with an estimated 2026 value around $261,471.



Locations close to Scotland, IN

Smithville, IN98 $ / ft²
Solsberry, IN158 $ / ft²
Spencer, IN105 $ / ft²
Quincy, IN169 $ / ft²
Patricksburg, IN105 $ / ft²
Paoli, IN204 $ / ft²
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