Foreclosure Homes in Scandia, MN 55073

Current Market Conditions in Scandia, MN

Scandia's real estate market has seen a steady increase in demand over the past year, attracting home buyers looking for a blend of rural living and outdoor recreational opportunities. Properties in Scandia are appreciating due to its proximity to the Twin Cities, making it an attractive choice for commuters who prefer a quieter home environment.

With its scenic views and community amenities, Scandia has experienced a 10% increase in home prices over the last year. The demand for houses in the area is strong, with many listings receiving multiple offers. The steady growth in population and interest in outdoor lifestyles contribute to this positive trend.

Rent Prices In Scandia, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scandia, MN, is on a rollercoaster ride. The average rent price in Scandia, MN, is $2,052.00. Indeed, when looking to rent in Scandia, MN, you can expect to pay as little as $840.00 or as much as $3,620.00, with the average rent median estimated to be $2,030.00. The good news is that finding an affordable and desirable property to rent in Scandia, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.