Housing in Scandia, MN is expensive, with a median value of $477,300. This is significantly higher than the US median value of $338,100, indicating that Scandia is an affluent area. However, while housing appreciation across the US has been 8.27% in one year, house appreciation in Scandia is slightly lower at 6.66%. Despite this slight decrease in appreciation rate, houses in Scandia remain expensive and desirable places to live.
The median home cost in Scandia is $477,300. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Scandia is up 12.2%.
Average Age of Homes
- The median age of Scandia real estate is 38 years old
The Rental Market in Scandia
- Renters make up 9.5% of the Scandia population
- 0.0% of houses and apartments in Scandia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.