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Minnesota State Wire

Wednesday, November 6, 2024

Median home prices in Corcoran rose to $594,900 in the third quarter of 2021

Realestate077

The median sale price of a home sold in the third quarter of 2021 in Corcoran rose by $219,900 while total sales increased by 72.7%, according to BlockShopper.com.

From July through September of 2021, there were 19 homes sold, with a median sale price of $594,900 - a 58.6% increase over the $375,000 median sale price for the same period of the previous year. There were 11 homes sold in Corcoran in the third quarter of 2020.

The median sales tax in Corcoran for the most recent year with available data, 2019, was $4,659, approximately 0.8% of the median home sale price for the third quarter of 2021.

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

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Minnetonka Beach51400%$740,000$1,980,000-62.6%
Deephaven1621-23.8%$667,500$600,00011.3%
Orono2333-30.3%$660,000$642,0002.8%
Edina140159-11.9%$655,500$601,0009.1%
Dayton1617-5.9%$602,500$310,00094.4%
Corcoran191172.7%$594,900$375,00058.6%
Tonka Bay45-20%$566,500$1,749,000-67.6%
Wayzata816-50%$547,500$695,000-21.2%
Minnetrista3252-38.5%$533,685$484,17110.2%
Minnetonka150153-2%$493,250$410,00020.3%
Greenfield146133.3%$485,000$273,50077.3%

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