Corcoran home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Corcoran rose by $222,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $570,000 - a 64% increase over the $347,500 median sale price for the same period of the previous year. There were three homes sold in Corcoran in January 2019, as well.

The median sales tax in Corcoran for the most recent year with available data, 2015, was $4,016, approximately 0.7% of the median home sale price for January 2020.

The following table compares Corcoran to other Hennepin County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Excelsior
2
2
0%
$1,130,750
$931,350
21.4%
Medina
3
1
200%
$940,000
$170,000
452.9%
Deephaven
7
0
-
$785,000
$0
-
Edina
24
31
-22.6%
$750,403.14
$600,000
25.1%
Independence
1
5
-80%
$725,000
$252,500
187.1%
Corcoran
3
3
0%
$570,000
$347,500
64%
Wayzata
2
6
-66.7%
$566,500
$551,450
2.7%
Spring Park
2
0
-
$534,950
$0
-
Minnetrista
14
12
16.7%
$529,950
$371,500
42.7%
Shorewood
5
8
-37.5%
$520,000
$448,700
15.9%
Dayton
3
2
50%
$460,000
$418,750
9.9%

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