The median sale price of a home sold in March 2017 in Corcoran fell by $210,000 while total sales increased by 120%, according to BlockShopper.com.
In March 2017, there were 11 homes sold, with a median sale price of $340,000 – a 38.2% decrease over the $550,000 median sale price for the same period of the previous year. There were five homes sold in Corcoran in March 2016.
The median sales tax in Corcoran for the most recent year with available data, 2015, was $4,016, approximately 1.2% of the median home sale price for March 2017.
The following table compares Corcoran to other Hennepin County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dayton | 8 | 9 | -11.1% | $402,500 | $301,000 | 33.7% |
| Minnetrista | 21 | 22 | -4.5% | $377,700 | $355,411 | 6.3% |
| Excelsior | 4 | 6 | -33.3% | $377,500 | $296,000 | 27.5% |
| Eden Prairie | 62 | 73 | -15.1% | $362,500 | $315,000 | 15.1% |
| Minnetonka | 59 | 59 | 0% | $350,000 | $289,000 | 21.1% |
| Corcoran | 11 | 5 | 120% | $340,000 | $550,000 | -38.2% |
| Plymouth | 86 | 97 | -11.3% | $334,250 | $326,000 | 2.5% |
| Orono | 7 | 14 | -50% | $322,240 | $575,000 | -44% |
| Rogers | 12 | 11 | 9.1% | $316,500 | $269,000 | 17.7% |
| Greenfield | 3 | 6 | -50% | $300,000 | $225,450 | 33.1% |
| Golden Valley | 27 | 47 | -42.6% | $275,000 | $266,450 | 3.2% |
