Scandia home prices fall in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Scandia fell by $23,000 while total sales decreased by 62.5%, according to

In October 2020, there were three homes sold, with a median sale price of $352,000 - a 6.1% decrease over the $375,000 median sale price for the same period of the previous year. There were eight homes sold in Scandia in October 2019.

The median sales tax in Scandia for the most recent year with available data, 2015, was $3,173, approximately 0.9% of the median home sale price for October 2020.

The following table compares Scandia to other Washington County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Lake Elmo5366.7%$503,000$470,0007%
Cottage Grove2440-40%$292,800$273,0007.3%
Forest Lake1225-52%$285,000$265,0007.5%
Oak Park Heights58-37.5%$271,000$247,5009.5%

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