Home prices
The median home cost in Scandia is $387,400. Compared to the surrounding areas it is about $119,500 (44%) higher.Compared to the rest of the nation it is approximately $169,900 (78%) higher, and it is about $135,800 (53%) higher compared to the city of Minneapolis.
Rents
Scandia's median monthly rent is $1,064. In comparison to nearby areas this is approximately $99 (8%) lower.Compared to the country as a whole it is is very similar, and compared to the city of Minneapolis it is about $37 (3%) higher.
Nearby places
Marine on St. Croix
Marine on St. Croix is Scandia's neighbor to the southeast. The housing prices there are fairly similar. The cost of the median home in Marine on St. Croix is $397,100, which works out to $9,700 (2%) higher than Scandia. Rents there are a little more expensive. The median monthly rent in Marine on St. Croix is $1,286, which works out to $222 (17%) higher than Scandia.
Forest Lake
Forest Lake is Scandia's neighbor to the west. Its housing prices are substantially less expensive. The median home price in Forest Lake is $272,200, which comes out to $115,200 (42%) lower than Scandia. Rents there are pretty similar. In Forest Lake the median monthly rent is $1,117, which comes out to $53 (4%) higher than Scandia.
Chisago City
Chisago City is Scandia's neighbor to the northwest. Housing prices there are a lot less expensive. The median home in Chisago City costs $261,400, which is $126,000 (48%) lower than Scandia. The rent there is pretty similar. In Chisago City the median monthly rent is $1,091, which comes out to $27 (2%) higher than Scandia.
Osceola
Osceola is approximately 6 miles northeast from Scandia. Its housing prices are substantially less expensive. The median home in Osceola costs $149,500, which is $237,900 (159%) lower than Scandia. Rent there is a bit less expensive. The median monthly rent in Osceola is $822, which works out to $242 (29%) lower than Scandia.
Hugo
Hugo is approximately 7 miles southwest of Scandia. Real estate prices there are significantly less expensive. The median home in Hugo is valued at $259,300, which works out to $128,100 (49%) lower than Scandia. Its rents are a bit more expensive. In Hugo the median rent is $1,500 per month, which works out to $436 (29%) higher than Scandia.
