Gideon, Peter, Farmhouse · Photo: Elkman · CC BY-SA 4.0134 homes sold in Shorewood in the last year, at a typical $872K
About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Shorewood homes are listed.
Every place Shorewood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Shorewood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 81% of Shorewood’s sales, at a typical $1.1M (year to May 2026)
134 homes sold in the year to September 2026.
typical sale · 99 sold in the year to May 2026
- Per square foot
- $300MN $191
- Days to sell
- 47
- Sold over asking
- 26%
- Listings with a price cut
- 21%
Multi-family (2–4 units): 4 sold, typical $487K
Townhouses: 19 sold, typical $828K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
134 sales in the last year, against 173 in 2019 and a low of 101 in 2025. The typical sale went from $473K in 2016 to $872K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $850K buys in Shorewood
Check a listing against what Shorewood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Shorewood are back to pre-pandemic levels, but half fewer homes come up for sale
We read every month of Shorewood’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 134 sales.
If you’re buying in Shorewood
- Shop in May. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Bid near asking. Buyers paid 99.5% of the list price on average; 27% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 23 a month), but June is the most competitive: 32% of June sales close over asking. January has the least competition (18%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Minnesota as a whole
| Shorewood now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 23% | 44% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 31% | 55% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 98% | 100.5% | 99% |
| Days to sellMedian days from listing to contract | 44 | 67 | 33 | 38 |
27 homes for sale on a typical day
That’s 1.5 times the 2022 low (18), 53% fewer than in 2017–19 and well under 2019’s 64.
Shorewood ranks 108th of 165 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Shorewood is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Shorewood home costs about $5,316 a month
Price: Shorewood’s typical sale, last 12 months. Property tax at Shorewood’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Shorewood is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $872K home, about $9,200 a year.
Taxes vs. neighborsSchools
The schools grade for Shorewood, from test results, graduation and how much students grow.
Schools in ShorewoodTypical commute
The average one-way trip to work for people who live in Shorewood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Mound and Chanhassen sell for less a square foot; Tonka Bay, Excelsior and Spring Park for far more
The busier markets within 25 miles of Shorewood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Chanhassen | 396 | $591K | $222 | 37% | 23 |
| Mound | 160 | $411K | $254 | 28% | 45 |
| Shorewood | 134 | $872K | $279 | 27% | 44 |
| Deephaven | 47 | $1.3M | $328 | 11% | 41 |
| Excelsior | 36 | $927K | $426 | 20% | 31 |
| Spring Park | 28 | $788K | $422 | 16% | 70 |
| Tonka Bay | 25 | $1.4M | $421 | 24% | 29 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Shorewood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Shorewood. People who follow the town see it, and so do people comparing Shorewood with their own town. No commission, no listing fee.
Questions about buying a home in Shorewood
What do homes sell for in Shorewood, MN?
134 homes sold in the year to September 2026 at a typical $872K, $279 a square foot.
Is Shorewood a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in September 2026 and 11 sold, about 2.6 months of supply. Buyers paid 99.5% of asking on average.
When is the best time to buy in Shorewood?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Shorewood?
About 1.1% of a home’s value a year. On a $872K home that’s near $9,200.
Where can I see homes for sale in Shorewood?
Zillow, Redfin, Realtor.com and Homes.com all carry Shorewood’s MLS listings; the search links above open each one filtered to Shorewood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).