Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Skandia area can be challenging. Home prices in Skandia are now at a median cost of $171,941, lower than the Michigan average of $196,062.
The average cost of rent is $568/mo in Skandia, primarily driven by the current value of real estate in the Skandia area. While nearly 41.05% of residents own their homes outright in Skandia, 9.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Skandia is $5,750 per month. Households that rent pay about 9.89% of their income on rent here. Skandia's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Dukes, MI: equally priced homes
- K. I. Sawyer Air Force Base, MI: higher priced homes
- Green Garden, MI: equally priced homes
- Little Lake, MI: higher priced homes
- Lawson, MI: equally priced homes
- Sands, MI: equally priced homes
- Gwinn, MI: less expensive homes
- Mangum, MI: higher priced homes
- Ladoga, MI: equally priced homes
- New Swanzy, MI: higher priced homes
Cities with Similar Populations
- Baileys Prairie, TX: equally priced homes
- Prospect Hill, NC: less expensive homes
- Mount Tabor, NJ: higher priced homes
- Natural Bridge, NY: less expensive homes
- Oakland, OK: less expensive homes
- Pawnee City, NE: less expensive homes
- Pejepscot, ME: higher priced homes
- Philip, SD: less expensive homes
- Philo, CA: higher priced homes
- Pine Lake, GA: higher priced homes
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