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Minnesota State Wire

Sunday, December 22, 2024

Rising home prices in Scandia in March 2022

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The median sale price of a home sold in March 2022 in Scandia rose by $355,950 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2022, there were two homes sold, with a median sale price of $672,950 - a 112.3% increase over the $317,000 median sale price for the same period of the previous year. There were three homes sold in Scandia in March 2021.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately 0.6% of the median home sale price for March 2022.

The following table compares Scandia to other Washington County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Dellwood12-50%$1,135,000$928,00022.3%
Grant23-33.3%$842,500$395,000113.3%
Hastings10-$780,000$0-
Pine Springs10-$725,000$0-
Scandia23-33.3%$672,950$317,000112.3%
Lakeland23-33.3%$557,500$319,90074.3%
Lake Elmo550%$515,000$557,000-7.5%
Bayport46-33.3%$417,500$355,00017.6%
Woodbury6878-12.8%$403,000$342,45017.7%
Stillwater3031-3.2%$375,000$365,0002.7%
Mahtomedi9580%$375,000$400,000-6.3%

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