What happened to the median home price in Scandia during April?

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The median sale price of a home sold in April in Scandia fell by $46,250 while total sales decreased by 50 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $490,000 - an 8.6 percent decrease from the $536,250 median sale price for the same period of the previous year. There were four homes sold in Scandia in April 2021.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately 0.8 percent of the median home sale price for April.

The following table compares Scandia to other Washington County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Marine on St. Croix12-50$650,000$610,0006.6
Lake Elmo56-16.7$635,000$732,500-13.3
Pine Springs10-$440,000$0-
Cottage Grove2145-53.3$370,000$330,00012.1

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