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Minnesota State Wire

Thursday, September 11, 2025

Corcoran home prices fall in January 2018

Re 8

The median sale price of a home sold in January 2018 in Corcoran fell by $265,480 while total sales increased by 100%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $353,500 - a 42.9% decrease over the $618,980 median sale price for the same period of the previous year. There were three homes sold in Corcoran in January 2017.

The median sales tax in Corcoran for the most recent year with available data, 2015, was $4,016, approximately 1.1% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Orono161414.3%$467,408$750,000-37.7%
Deephaven110%$449,900$325,00038.4%
Independence220%$448,250$569,950-21.4%
Edina373023.3%$420,000$432,500-2.9%
Minnetrista1115-26.7%$399,904$442,398-9.6%
Corcoran63100%$353,500$618,980-42.9%
Eden Prairie3640-10%$341,802.50$319,6506.9%
Minnetonka3141-24.4%$340,000$320,0006.3%
Rogers812-33.3%$339,950$277,45022.5%
Excelsior23-33.3%$333,500$563,500-40.8%
Maple Grove554522.2%$313,000$255,00022.7%