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North Hennepin News

Tuesday, November 26, 2024

Corcoran home prices fall in November 2019

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The median sale price of a home sold in November 2019 in Corcoran fell by $31,650 while total sales decreased by 14.3%, according to BlockShopper.com.

In November 2019, there were six homes sold, with a median sale price of $288,350 - a 9.9% decrease over the $320,000 median sale price for the same period of the previous year. There were seven homes sold in Corcoran in November 2018.

The median sales tax in Corcoran for the most recent year with available data, 2015, was $4,016, approximately 1.4% of the median home sale price for November 2019.

The following table compares Corcoran to other Hennepin County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Maple Grove6684-21.4%$327,450$312,5004.8%
St. Louis Park3554-35.2%$324,900$296,5009.6%
St. Anthony15-80%$322,000$235,50036.7%
Tonka Bay15-80%$319,000$1,268,000-74.8%
Golden Valley2230-26.7%$312,500$323,500-3.4%
Corcoran67-14.3%$288,350$320,000-9.9%
Minneapolis323479-32.6%$280,000$250,00012%
Bloomington7392-20.7%$277,500$266,5004.1%
Hopkins1424-41.7%$273,400$259,7505.3%
Mound1220-40%$267,450$240,00011.4%
Richfield4654-14.8%$264,000$258,0502.3%

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