The story of this market
The typical home in ZIP 55073 sells for about $420,000, or $236 per square foot.
Prices are down 3.47% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $991 a month.
ZIP 55073 — Scandia
The housing market in 55073 shows signs of resilience with high median household incomes and steady demand for single-family homes. While year-over-year prices have seen a slight correction, the limited inventory continues to support a competitive environment for buyers. The area remains a popular choice for families looking for suburban space within commuting distance of the Twin Cities.
This ZIP is ideal for families and commuters seeking a balance between rural-style living and access to the Twin Cities, offering larger lot sizes and a quieter pace of life.
Median prices moved down 3.5% year over year.
Homes spend a median of 38 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 1.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55073, Chisago County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Chisago Lakes School District, which generally maintains a positive reputation within the region.
The region faces standard Midwestern climate risks, including seasonal severe storms and winter weather; flood risk is localized to specific lakefront and low-lying areas.
Growth is driven by residential expansion and its status as a commuter-friendly exurb of the Twin Cities, with local economic activity centered on small business and services.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Residents primarily commute via I-35 toward the Twin Cities metropolitan area, with typical drive times ranging from 45 to 60 minutes depending on traffic.
The area features extensive access to the Chisago Lakes chain, offering boating, fishing, and public parks, alongside local trail systems and proximity to regional shopping in nearby hubs.
The rental market is characterized by very low inventory and high demand, with limited multi-family options and a reliance on single-family home rentals.
The local economy is supported by a mix of small businesses, local government, and the broader Twin Cities labor market.
Development is primarily focused on low-density residential expansion and infrastructure maintenance.
Parcels are subject to Chisago Lakes School District levies and county-level property tax assessments.
Standard homeowner insurance coverage is available, with premiums influenced by regional weather risk profiles.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Trollhaugen Ski Area4.711.1 mi
- Wild Mountain4.415.8 mi
- The Dead End Hayride4.610.7 mi
- Green Acres Recreation - Snow Tubing4.717.8 mi
- Station61 Bar & Grill3.98.1 mi
- Wild Mountain4.415.8 mi
- The Dead End Hayride4.610.7 mi
- Golden Corral Buffet & Grill3.819.3 mi
- Pinehaven Farm4.710.6 mi
- Jimmy's Food & Drink4.319.3 mi
- Trollhaugen Ski Area4.711.1 mi
- Interstate State Park4.811.4 mi
- Franconia Sculpture Park4.79.2 mi
- Interstate State Park4.711 mi
- Wilke Glen and Cascade Falls4.76.3 mi
- Franconia Sculpture Park4.79.2 mi
- Osceola & St. Croix Valley Railway4.66.1 mi
- Stillwater Lift Bridge, Historic Site4.815.1 mi
- Taylors Falls Scenic Boat Tours4.712 mi
- St. Croix Boom Site State Wayside4.613.2 mi
- Interstate State Park4.811.4 mi
- William O'Brien State Park4.64.3 mi
- Franconia Sculpture Park4.79.2 mi
- Interstate State Park4.711 mi
- Wilke Glen and Cascade Falls4.76.3 mi
- Sunnyside Marina4.516.1 mi
- Bayport Marina Association4.718.6 mi
- Wolf Marine Inc.4.513.7 mi
- Your Boat Club White Bear Lake4.816.8 mi
- Your Boat Club St.Croix River4.913.7 mi
- Tanners Brook Golf Course4.39 mi
- Bristol Ridge Golf Course4.312.5 mi
- Chisago Lakes Golf Course4.16.9 mi
- Krooked Kreek Golf Course4.78.1 mi
- Morrie's Forest Lake Chevrolet4.69.2 mi
- Lakes Floral, Gift & Garden4.98.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major recreational hub for boating and fishing.
Provides trails and community event space.
Key-figure check: median price diverges 17.5% from the nearest retained anchor (published ten-year series (2026)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $499,000 (18.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $499,000 (+17.5% vs the published ten-year series (2026)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.