Commercial Real Estate Market in Scandia, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 50 off-market properties in Scandia, MN.
Market Trends
Scandia, MN spans 28.0 square miles in Washington County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Scandia, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Scandia, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Scandia, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Scandia, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.5%
- Commercial 37.1%
- Agricultural 3.7%
- Mixed use 1.7%
- Industrial 0.7%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Rural Residential General
Agriculture Core
Agriculture Preserves
Rural Residential Neighborhood
Village Neighborhood
Scandia, MN zones 23,537 acres across 10 districts. Commercial zoning covers 37.1% of zoned land, residential 56.5% and industrial 0.7%. The largest single district is Rural Residential General at 50.7%. For commercial buyers the practical constraint is that only 37.9% of land carries a commercial or industrial designation.
Rural Residential General (RR-G)
The Rural Residential Districts are predominantly single-family principal uses with accessory uses and structures that support the rural character of the City. There are two distinct development patterns in this category including historically platted riparian and non -riparian lots abutting or in proximity to the lakes, and general rural residential pattern…
Market overview
Demographics & Economy
Scandia, MN has 3,532 residents in 1,476 households. Density runs 126 people per square mile. Median household income here is $130,556 and median gross rent $989 a month.
3,532
Population
1,476
Households
2.4
Avg Household Size
50
Median Age
40%
College-Educated
99%
High-School Grad
28 sq mi
ZIP Area
126
Density / Sq Mi
$130,556
Median Household Income
$69,667
Median Earnings
$989
Median Rent
$470,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Scandia | — | — |
| Marine on Saint Croix | — | — |
| East Farmington | — | — |
| Osceola | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Scandia?
Scandia, MN zones 23,537 acres across 10 districts, of which 37.1% is commercial and 0.7% industrial. The largest single district is Rural Residential General at 50.7% of zoned land. The Rural Residential Districts are predominantly single-family principal uses with accessory uses and structures that support the rural character of the City. There are two distinct development patterns in this category including historically platted riparian and non -riparian lots abutting or in proximity to the lakes, and general rural residential pattern… Residential zoning covers 56.5% and open space 0%.
Where does Realmo's Scandia market data come from?
Realmo compiles Scandia, MN figures from 3 recent recorded sales, 4 active sale listings, 50 tracked off-market properties, the current Scandia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Scandia, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,537 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
