Zip 55340 (Corcoran, MN) Housing

The housing market in 55340 Corcoran, MN is significantly more expensive than the US average. The median house value here is $686,900 while the US median house value is only $338,100. Although the appreciation rate of housing in Corcoran was 6.82% compared to 8.27% nationally, it still indicates that the housing market in this area has grown steadily over the past year and should continue to grow in the future.

The median home cost in Corcoran (zip 55340) is $686,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Corcoran (zip 55340) is up 11.0%.

Average Age of Homes

- The median age of Corcoran (zip 55340) real estate is 25 years old

The Rental Market in Corcoran (zip 55340)

- Renters make up 7.7% of the Corcoran (zip 55340) population
- 0.0% of houses and apartments in Corcoran (zip 55340), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Corcoran, Minnesota	United States
	3,111.0	139,647,020.0
	24	42
	$686,900	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.35	$10.98
	$6,048	$2,690
	93.8%	57.4%
	1.8%	11.2%
	4.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.8%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.8%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.4%	11.3%
	0.9%	13.0%
	7.0%	20.1%
	13.9%	13.6%
	15.6%	8.3%
	30.8%	9.7%
	15.0%	3.9%
	6.0%	2.2%
	1.1%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	18.1%	13.6%
	18.1%	13.6%
	16.1%	13.6%
	9.5%	13.2%
	21.0%	14.8%
	16.1%	13.6%
	0.7%	10.0%
	0.7%	4.7%
	4.1%	12.2%

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