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Minnesota State Wire

Tuesday, November 5, 2024

Corcoran home prices fall in August 2019

Re 5

The median sale price of a home sold in August 2019 in Corcoran fell by $31,250 while total sales decreased by 10%, according to BlockShopper.com.

In August 2019, there were nine homes sold, with a median sale price of $400,000 - a 7.2% decrease over the $431,250 median sale price for the same period of the previous year. There were 10 homes sold in Corcoran in August 2018.

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 August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Wayzata68-25%$447,500$855,000-47.7%
Dayton68-25%$438,500$300,50045.9%
Minnetrista2432-25%$414,995$439,000-5.5%
Plymouth1281188.5%$402,500$347,45015.8%
St. Anthony616-62.5%$402,000$332,50020.9%
Corcoran910-10%$400,000$431,250-7.2%
Eden Prairie105106-0.9%$385,000$382,8500.6%
Long Lake83166.7%$376,000$482,000-22%
Golden Valley38372.7%$366,250$310,00018.1%
Minnetonka93876.9%$340,000$390,000-12.8%
Rogers29283.6%$332,500$342,850-3%

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