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North Hennepin News

Tuesday, December 24, 2024

Median home prices in Corcoran rose to $462,500 in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Corcoran rose by $87,500 while total sales decreased by 27.3%, according to BlockShopper.com.

From January through June of 2021, there were 24 homes sold, with a median sale price of $462,500 - a 23.3% increase over the $375,000 median sale price for the same period of the previous year. There were 33 homes sold in Corcoran in the first half of 2020.

The median sales tax in Corcoran for the most recent year with available data, 2019, was $4,659, approximately 1% of the median home sale price for the first half of 2021.

The following table compares Corcoran to other Hennepin County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Excelsior613-53.8%$622,450$658,500-5.5%
Medina1746-63%$605,000$551,0009.8%
Minnetrista5274-29.7%$538,600.50$482,50011.6%
Shorewood2960-51.7%$514,900$470,0009.6%
Minnetonka149281-47%$470,000$425,00010.6%
Corcoran2433-27.3%$462,500$375,00023.3%
Dayton1628-42.9%$455,000$302,50050.4%
Spring Park46-33.3%$450,000$664,250-32.3%
Plymouth208419-50.4%$429,250$374,90014.5%
Eden Prairie188262-28.2%$429,250$399,9007.3%
Golden Valley78138-43.5%$420,000$360,79516.4%

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