Skip to main content

MI area data

Skandia, MI

Skandia, MI.

Population: 1,947 (Census ACS)

Home values & appreciation

Median home value
$246,319
1-year appreciation
+9.8%
3-year appreciation
+13.7%
5-year appreciation
+32.0%
10-year appreciation
+84.7%
All-time peak (2026-07)
$246,319
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$290,866
Median list price
$401,500
Median days on market
100.5 days
Sale-to-list ratio
101.0%
Active listings
1
1-year forecast
+3.8%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail, winterWeather, lightning, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
42.0°F
Average high
52.0°F
Average low
33.0°F
Annual precipitation
34.2 in

Air quality

Air quality rating
Good
Median AQI (annual)
19
Days with Good air quality
202

Walkability & transit

Walkability index
4.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Pictured Rocks National Lakeshore (45 mi)
Nearest airport
Marquette/Sawyer International Airport (MQT) (10 mi)
Nearest major airport
Marquette/Sawyer International Airport (MQT) (10 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
+106 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$1,826
Mean commute to work
22 min
Households with broadband internet
72.1%

Employment & development

Total county employment
21,462
Average weekly wage
$981
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
89

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents