Home prices
The median home value in Scotland is $90,000. Compared to its nearby areas this is roughly $17,140 (15%) lower.It is approximately $127,500 (58%) lower compared to the US as a whole, and compared to the city of Fort Worth it is about $79,700 (46%) lower.
Rents
In Scotland the median monthly rent is $653. In comparison to nearby areas this is approximately $105 (13%) lower.It is roughly $409 (38%) lower compared to the US as a whole, and it is approximately $407 (38%) lower in comparison to the city of Fort Worth.
Nearby places
Archer City
Archer City is about 9 miles southwest of Scotland. The housing prices there are somewhat less expensive. The median home in Archer City costs $74,200, which works out to $15,800 (21%) lower than Scotland. Its rents are a little less expensive. The median rent in Archer City is $561 per month, which works out to $92 (16%) lower than Scotland.
Lakeside City
Lakeside City is roughly 13 miles north of Scotland. The real estate prices there are substantially more expensive. The median home in Lakeside City is valued at $171,200, which comes out to $81,200 (47%) higher than Scotland. Its rents are a little more expensive. In Lakeside City the median rent is $792 per month, which works out to $139 (17%) higher than Scotland.
Holliday
Holliday is about 16 miles northwest from Scotland. Real estate prices there are a little more expensive. The median home value in Holliday is $100,000, which is $10,000 (9%) higher than Scotland. Its rents are somewhat more expensive. The median monthly rent in Holliday is $833, which is $180 (21%) higher than Scotland.
Henrietta
Henrietta is about 18 miles northeast of Scotland. Real estate prices there are similar. The median home value in Henrietta is $87,900, which works out to $2,100 (2%) lower than Scotland. The rent there is a bit more expensive. The median rent in Henrietta is $808 a month, which works out to $155 (19%) higher than Scotland.
Wichita Falls
Wichita Falls is roughly 19 miles north of Scotland. Its real estate prices are a bit more expensive. The cost of the median home in Wichita Falls is $102,400, which is $12,400 (12%) higher than Scotland. Its rents are a bit more expensive. Wichita Falls's median rent is $794 a month, which comes out to $141 (17%) higher than Scotland.