Corcoran, Minnesota.
Typical home $607,290 (+0.8% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$1,563 (+96%) since Jan 2020.
- 1 year
- Up $4,538 +1%
- $602,752$607,290 since Sep 2025
- 5 years
- Up $68,896 +13%
- $538,395$607,290 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Corcoran$3,188
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in Corcoran, MN rose 0.8% over the past year — slower than the nation's +1.2%.
Living in Corcoran, Hennepin County, Minnesota
Corcoran is a city of 6,185 people in Hennepin County. Half its households earn more than $133,423 a year and half less, against $97,653 across Hennepin County; 4% of its people live below the poverty line. 95% of its homes are lived in by their owners and 5% are rented. Unemployment in Hennepin County was 4.6% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Corcoran is a small city in Hennepin County, on the western edge of the Twin Cities area. Nearly everyone who lives here owns their home, a much higher share than across the county, and household incomes run well above the county's, with very few residents living below the poverty line. Winters are cold, with January the coldest month, and summers are warm, with July the warmest.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in professional and business services, and in banks, insurance and property. Many people work from home, and the typical commute is a moderate one. The largest workplaces in Corcoran include Ebert, a commercial building contractor, Doboszenski and Sons, an excavating and land-clearing firm, and Corcoran City Hall.
Things to do. The Crow River is a short drive away, a quiet place to spend time outdoors. For a longer outing, Lake Minnetonka is a lake a longer drive away, and the Minneapolis Institute of Art is one of the best-known museums in the region. Target Field, a ballpark in Minneapolis, is also a longer drive away.
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- 2,766households
- 55%of adults have a degree
- 4%below the poverty line
- 25 mintypical commute
- 29%work from home
What residents work in
Employed residents by industry, from the Census survey. Hennepin County had 919,062 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 23° and lows near 4°; warmest in July, with highs near 83° and lows near 62°.
Average daily high and low, 1991–2020, at the Delano weather station, 11 miles away (NOAA).
Largest workplaces in Corcoran
- EbertCommercial building construction general contractors95
- Doboszenski and SonsExcavating, earthmoving, or land clearing contractors45
- City of Corcoran City HallCity and town managers' offices41
- T. Scherber Demolition and ExcavatingExcavation contractors32
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 213 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively high
- Cold wavesRelatively high
- Heat wavesRelatively high
- TornadoesRelatively high
- Strong windRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Corcoran’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hennepin County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Corcoran home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Corcoran$607,290
- Minnesota$348,778
- United States$366,157
Sellers are cutting prices on about 1 in 3 Corcoran listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Corcoran38.10%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Corcoran52
New listings per month
Sellers arriving at the market.
- Corcoran13
Zip codes with a Corcoran address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Corcoran — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.