TWIN CITIES NEW CONSTRUCTION GUIDE 2026 V2

CORCORAN

Downtown Commute: 20 miles, 25–35 min

Airport Commute: 30 miles, 30–45 min

New Developments 8 Communities

Tax Rate: 1–1.1%

Restaurants 2 rated 4.5+

Corcoran offers a land-oriented, semi- rural feel while remaining within a reasonable commute of the Twin Cities.

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Median Sales Prices: — Single Family: $674,385 — Townhomes: $434,990 — New Construction: $600,140

Corcoran sits in a unique position in the northwest Twin Cities, offering a more land-oriented, semi-rural feel while still being within a reasonable commute of the metro. Located just west of Maple Grove and north of Plymouth, it has become an increasingly attractive option for buyers who want newer construction and more space without pushing too far out. What differentiates Corcoran from many other suburbs is how it's developing. Rather than feeling fully built out, the city still has a transitional character — moving from agricultural and rural roots into more structured residential growth. That creates opportunities for larger homesites, quieter streets, and neighborhoods that feel less dense than more established suburbs. Many of the newer communities are intentionally designed to preserve open space, which helps maintain that more spread-out, residential atmosphere. Housing in Corcoran is heavily driven by new construction, and that's a major part of its appeal. The mix runs from production builders to semi-custom opportunities, often with more flexibility in lot size and home positioning than buyers find closer to the core suburbs. It tends to attract buyers who want a newer home but are priced out of or uninterested in tighter, more built-up areas. There's also strong appeal for move-up buyers who want more house and yard without jumping into significantly higher price points. "Corcoran is transitioning from rural roots into more structured residential growth."

Price Per Square Foot: — Resale Homes: $228 — New Construction: $232

Month Supply of Inventory: 3.9 4.0 DOYLE RATINGS Location: 3.5 Schools: 4 Builder Quality: 4 Lifestyle: 4 Value: 4.5

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