Corcoran, Minneapolis, MN
Corcoran — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Corcoran, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Corcoran Neighborhood Overview
Corcoran is a residential neighborhood in South Minneapolis, Minnesota, defined by its quiet, tree-lined streets and strong sense of community. Located within the 55407 ZIP code, it offers a classic Minneapolis living experience with convenient access to the city's vibrant core. The neighborhood provides a balanced mix of single-family homes and multi-unit buildings, appealing to a diverse range of residents.
Lifestyle & Amenities
Residents enjoy proximity to local gems like Corcoran Park, which features sports fields, a playground, and a recreation center. The neighborhood is also just a short distance from the bustling Minnehaha Avenue commercial corridor and the renowned Minnehaha Falls Regional Park. This blend of local green space and nearby dining and shopping options supports an active, convenient lifestyle.
Real Estate Market
The real estate market in Corcoran consists primarily of well-maintained early 20th-century homes, including Craftsman bungalows and classic American Foursquares. According to U.S. Census data, the median home value in the area is $291,500. This represents a more accessible price point within the broader Minneapolis market, attracting first-time homebuyers and families.
Schools & Education
Corcoran is served by the Minneapolis Public Schools district. Families in the neighborhood have access to a variety of public school options, including community and magnet programs. The specific schools serving the area can vary, so prospective residents are encouraged to check current district boundary maps and program offerings.
Transportation & Connectivity
The neighborhood boasts excellent transportation links, with several major bus lines running along Hiawatha Avenue and Lake Street providing direct routes to downtown Minneapolis. Its location offers quick access to Interstate 35W, facilitating regional travel. Many residents also take advantage of the area's bike-friendly streets and proximity to the Midtown Greenway for commuting and recreation.
Why Choose Corcoran
With a median household income of $74,518, the neighborhood supports a stable, middle-class community with a high quality of life. It is an ideal choice for those seeking an established, friendly neighborhood with classic Minneapolis charm, ample parks, and straightforward city access. Corcoran successfully balances residential tranquility with urban convenience.
Corcoran Market Data
| Metric | Value |
|---|---|
| Median Home Price | $292K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $75K |
| Homeownership Rate | 60.5% |
| Renter-Occupied | 39.5% |
| Rental Vacancy Rate | 2.8% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55407 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Corcoran, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Corcoran, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12