Home prices increased in Scandia during the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Scandia rose by $177,000 while total sales increased by 27.3%, according to BlockShopper.com.

From July through September of 2021, there were 14 homes sold, with a median sale price of $532,000 - a 49.9% increase over the $355,000 median sale price for the same period of the previous year. There were 11 homes sold in Scandia in the third quarter of 2020.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately 0.7% of the median home sale price for the third quarter of 2021.

The following table compares Scandia to other Washington County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Marine on St. Croix31200%$625,000$374,60566.8%
Lake Elmo3817123.5%$564,250$499,90012.9%
Birchwood Village550%$395,000$390,0001.3%

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