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Featured local agent — Schlater, MS
Sarah Mitchell
Compass Real Estate · Schlater, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Schlater, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$20,500median sale price
How is the Schlater, MS housing market right now?
The median home sale price in Schlater, MS is $20,500. Homes sell in an average of 26 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Schlater a buyer's or seller's market?
Schlater, MS is currently a leaning buyer's and homes selling in about 26 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
26
Average pace
Active listings
—
Sale-to-list
50.0%
Below asking
What does the Schlater housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $20,500 |
| Average days on market | 26 days |
| Sale-to-list price ratio | 50.0% |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Schlater by property type?
How the Schlater, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $20,500 | — | 2 | 26 days |
Source: Redfin · Updated monthly
The Schlater housing market is currently classified as a leaning buyer's with a median sale price of $20,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 26 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.9x provides context for how home values compare to local earning capacity.
Homes for sale in Schlater
Explore homes currently listed for sale in Schlater, Mississippi across major real estate platforms.
Who lives in Schlater?
Population
231
Median income
$65,066/yr
Median age
52.7 years
Owner-occupied
96.6%
College grads
20.9%
Avg commute
26.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Schlater?
Zillow home value
$122,848
Price-to-income
1.9x
Source: Zillow Research
What is it like to live in Schlater?
Schlater is a community of approximately 0K residents with a median age of 52.7 years.The median household income is $65,066, which represents a working-class community with solid middle-income opportunities. 20.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 96.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Schlater offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Schlater, MS?
Want a head-to-head view? Compare Schlater side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Schlater?
The median home sale price in Schlater is $20,500, down 0.0% from last year.
How long do homes stay on market in Schlater?
Homes typically spend 26 days on market before going under contract.
What is the median income in Schlater?
The median household income is $65,066 per year.
What is the Zillow home value estimate for Schlater?
The Zillow Home Value Index (ZHVI) for Schlater is $122,848, representing the typical home value in the area.
How much does a single-family home cost in Schlater?
The median single-family home price in Schlater, MS is $20,500.
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