House Prices

House Prices & Home Values Schlater, MS 2026


Average Data

average house price$59,000
average size per house1344 ft²
average price per ft²44 $ / ft²

04/18/2026 - The value range (VR) for house prices in Schlater, MS is $46/ sqft to $46/ sqft. An average home with 1344 sqft costs approximately $61,824 to $61,824. Schlater, MS includes 1 ZIP codes and it is located in Leflore county. The lowest prices are found in ZIP 38952, while the highest are in ZIP 38952. The average price per sqare feet is $44. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Schlater

3895247 $ / ft²




Historical development of home values in Schlater

Year Estimated value (USD) Change vs. 2025
2010 $27,401 -53.6%
2011 $26,341 -55.4%
2012 $26,270 -55.5%
2013 $27,252 -53.8%
2014 $28,607 -51.5%
2015 $30,075 -49.0%
2016 $31,645 -46.4%
2017 $33,353 -43.5%
2018 $35,197 -40.3%
2019 $36,829 -37.6%
2020 $38,733 -34.4%
2021 $44,054 -25.3%
2022 $51,357 -13.0%
2023 $54,159 -8.2%
2024 $57,292 -2.9%
2025 $59,000 0.0%

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



Example: 100% financing house in Schlater

Loan amount: $59,000

Interest rate: 6.00%

Fixed monthly payment: $353.73

Breakdown in the 1st month:
Interest portion: $295.00  –  Principal portion: $58.73

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $3,520.29 $724.53 $58,275.47
2 $3,475.60 $769.21 $57,506.26
3 $3,428.16 $816.66 $56,689.60
4 $3,377.79 $867.03 $55,822.57
5 $3,324.31 $920.50 $54,902.07
6 $3,267.54 $977.28 $53,924.79
7 $3,207.26 $1,037.55 $52,887.24
8 $3,143.27 $1,101.55 $51,785.69
9 $3,075.33 $1,169.49 $50,616.20
10 $3,003.20 $1,241.62 $49,374.58
11 $2,926.62 $1,318.20 $48,056.38
12 $2,845.31 $1,399.51 $46,656.87
13 $2,758.99 $1,485.82 $45,171.05
14 $2,667.35 $1,577.47 $43,593.58
15 $2,570.06 $1,674.76 $41,918.82
16 $2,466.76 $1,778.06 $40,140.76
17 $2,357.09 $1,887.72 $38,253.04
18 $2,240.66 $2,004.15 $36,248.88
19 $2,117.05 $2,127.77 $34,121.12
20 $1,985.82 $2,259.00 $31,862.12
21 $1,846.49 $2,398.33 $29,463.78
22 $1,698.56 $2,546.26 $26,917.53
23 $1,541.51 $2,703.30 $24,214.22
24 $1,374.78 $2,870.04 $21,344.19
25 $1,197.76 $3,047.06 $18,297.13
26 $1,009.83 $3,234.99 $15,062.14
27 $810.30 $3,434.52 $11,627.62
28 $598.47 $3,646.35 $7,981.27
29 $373.57 $3,871.25 $4,110.02
30 $134.80 $4,110.02 $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 Schlater, MS


1500 sqft3900 sqft
Ø selling price$79,860$169,884
Ø fast selling$72,600$152,896
Ø high price sale$87,120$186,873

In 2026, houses in Schlater, MS will be offered at an average price of $44 per square foot. A 1,500 sqft home priced at $79,860 is 23.14% more expensive per square foot than a 3,900 sqft home priced at $169,884. Home prices in Schlater, MS vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $117,613. Sellers who can wait longer may achieve a higher price of up to $143,749.


Schlater, MS: Small-Town Guide to the Mississippi Delta

Overview

Nestled in the heart of the Mississippi Delta, Schlater, MS is a small Leflore County town known for its rural charm and deep agricultural roots.
The community?s heritage blends Delta traditions, local cuisine, and a welcoming, neighborly spirit.

Location & Access

Located in Leflore County, Schlater, Mississippi enjoys wide-open landscapes of rich alluvial soil and wetlands.
It is conveniently connected to nearby Delta destinations like Greenwood through regional highways that support commuting and commerce.

Economy & Lifestyle

Agriculture drives the local economy, with row crops and aquaculture common across the Delta supporting jobs and services in town.
Residents value an affordable cost of living, open spaces, and a practical, family-first lifestyle that prioritizes community connections.

Things to Do

Outdoors lovers find fishing, birding, and seasonal hunting in the rivers, lakes, and fields surrounding Schlater.
For shopping, events, and dining, locals often make day trips to Greenwood and other nearby Delta communities.

Real Estate & Living

Housing in Schlater, MS is typically budget-friendly, offering opportunities for modest homes, acreage, and investment in small-town property.
Essential services are close at hand, while larger healthcare, retail, and educational options are a short drive away.



FAQ – Home Values in Schlater

What is the median home value in Schlater in 2026?

In 2026, the typical home value in Schlater is about $59,000 for an average home size of 1344 square feet. This corresponds to an average price of roughly $44 per square foot.

What is the average cost per square foot in Schlater?

In 2026, homes in Schlater sell for an average of around $44 per square foot, with a typical range between $46 and $46 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 Schlater is about 1344 square feet, with an estimated 2026 value around $59,000.



Locations close to Schlater, MS

Scobey, MS49 $ / ft²
Sidon, MS71 $ / ft²
Sumner, MS52 $ / ft²
Pittsboro, MS56 $ / ft²
Philipp, MS42 $ / ft²
Paris, MS167 $ / ft²
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