Zip 55073 (Scandia, MN) Housing

The housing market in Scandia, MN (55073) is slightly below the US median value of $338,100. Despite being lower than the national median, houses in Scandia have appreciated over the past year by 6.66%, indicating a healthy local real estate market. This appreciation rate is just slightly lower than the US 1 year appreciation rate of 8.27%. Overall, this makes Scandia an attractive option for potential home buyers looking for reasonably priced housing with good appreciation potential.

The median home cost in Scandia (zip 55073) is $442,100. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Scandia (zip 55073) is up 12.2%.

Average Age of Homes

- The median age of Scandia (zip 55073) real estate is 36 years old

The Rental Market in Scandia (zip 55073)

- Renters make up 8.7% of the Scandia (zip 55073) population
- 0.0% of houses and apartments in Scandia (zip 55073), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Scandia, Minnesota	United States
	1,339.0	139,647,020.0
	33	42
	$442,100	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$9.46	$10.98
	$3,771	$2,690
	84.8%	57.4%
	2.2%	11.2%
	12.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.5%	0.4%
	0.7%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.1%	13.0%
	17.3%	20.1%
	30.8%	13.6%
	24.6%	8.3%
	20.0%	9.7%
	4.4%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.4%	13.6%
	26.4%	13.6%
	13.6%	13.6%
	9.6%	13.2%
	26.7%	14.8%
	13.6%	13.6%
	0.7%	10.0%
	1.1%	4.7%
	9.4%	12.2%

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