Is Scandia, MN 55073 a buyer’s or seller’s market?
Scandia is a seller’s market. With about 2.2 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Scandia housing market right now
In the three months ending August 31, 2026, 30% of homes in Scandia, MN 55073 sold above their list price, the typical home went under contract in 29 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (35 days then) and the median sale price rose 13% to $678,207. Overall, Scandia is less competitive than a year ago, which gives buyers more room.
Within Washington County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 67%.
Nearby, buyers who want less competition could look at Willernie 55090 (0% sold over asking) or Afton 55001 (0% sold over asking), while Saint Paul Park 55071 (60% sold over asking) and Saint Paul 55128 (43% sold over asking) are even more competitive.
Run the numbers for 55073
Nearby markets
Afton 55001Seller’s market $243 /sq ftBayport 55003Seller’s market $201 /sq ftCottage Grove 55016Seller’s market $202 /sq ftHugo 55038Seller’s market $201 /sq ft Browse all markets →Towns like Scandia nearby
Find towns like Scandia in other states →Where Scandia is
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Questions about Scandia real estate
Is Scandia a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Scandia, MN 55073 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Scandia?
The typical home went under contract in 29 days in the latest three months.
Do homes in Scandia sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Scandia?
About 0.99% of a home’s value a year in Washington County, or roughly $3,960 on a $400,000 home.
What is the median home price in Scandia?
The median sale price was $678,207 in the three months ending August 31, 2026, about $249 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology