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Corcoran, MN Real Estate


According to census data in the year 2000 there were 1,811 housing units in Corcoran. This represents a 15.8% growth from 1,564 in 1990.

Of those housing units, 264 were located in either urbanized areas or urban clusters, and 1,547 were located in what is classified as a rural area.

Homeownership rate in Corcoran is about 96%. Corcoran's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 3.16 people.

The majority of houses, apartments or condos in Corcoran were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1%
Two Bedrooms10.60%
Three Bedrooms44.70%
Four Bedrooms33.50%
Five Bedrooms or more10.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1977
Median Value of occupied units$187,300

Rented Homes, Apartments and Condos

Average Household Size4.35
Median year structure was built1948

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.60%
Second Mortgage11.10%
Home Equity Loan18.50%
Simple Mortgage57.60%
Debt Free11.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%