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North Hennepin News

Wednesday, November 6, 2024

Corcoran home prices fall in 2018

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The median sale price of a home sold in 2018 in Corcoran fell by $7,600 while total sales decreased by 4.1%, according to BlockShopper.com.

From January through December of 2018, there were 71 homes sold, with a median sale price of $389,900 - a 1.9% decrease over the $397,500 median sale price for the previous year. There were 74 homes sold in Corcoran in 2017.

The median sales tax in Corcoran for the most recent year with available data, 2015, was $4,016, approximately 1% of the median home sale price for 2018.

The following table compares Corcoran to other Hennepin County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Excelsior34326.3%$526,750$445,00018.4%
Edina8047477.6%$520,000$527,000-1.3%
Independence685523.6%$499,000$439,50013.5%
Shorewood15612623.8%$455,790$472,500-3.5%
Minnetrista230240-4.2%$413,833.50$381,1398.6%
Corcoran7174-4.1%$389,900$397,500-1.9%
Hanover1013-23.1%$381,944$380,0000.5%
Eden Prairie99189410.9%$375,000$360,7504%
Minnetonka80971013.9%$368,000$350,0005.1%
Plymouth1,1831,04613.1%$364,000$340,0007.1%
Greenfield624731.9%$347,500$355,000-2.1%

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