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Thursday, November 28, 2024

Scandia home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Scandia rose by $54,250 while total sales decreased by 25%, according to BlockShopper.com.

In November 2020, there were three homes sold, with a median sale price of $425,000 - a 14.6% increase over the $370,750 median sale price for the same period of the previous year. There were four homes sold in Scandia in November 2019.

The median sales tax in Scandia for 2020 was $3,845. In 2019, the median sales tax was $3,570. This marks an increase of 7.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Lake Elmo35-40%$586,400$606,000-3.2%
Grant34-25%$480,000$562,500-14.7%
Scandia34-25%$425,000$370,75014.6%
Afton10-$366,000$0-
Stillwater1029-65.5%$313,750$405,700-22.7%
Forest Lake617-64.7%$297,250$257,00015.7%
Mahtomedi210-80%$296,500$354,450-16.3%
Woodbury4272-41.7%$286,325$312,500-8.4%
Cottage Grove2036-44.4%$276,500$260,0006.3%
Newport21100%$276,250$300,000-7.9%
Willernie10-$273,301$0-

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