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Minnesota State Wire

Wednesday, November 6, 2024

Shorewood home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Shorewood rose by $232,850 while total sales increased by 10%, according to BlockShopper.com.

In November 2019, there were 11 homes sold, with a median sale price of $731,850 - a 46.7% increase over the $499,000 median sale price for the same period of the previous year. There were 10 homes sold in Shorewood in November 2018.

The median sales tax in Shorewood for the most recent year with available data, 2015, was $5,414, approximately 0.7% of the median home sale price for November 2019.

The following table compares Shorewood to other Hennepin County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Woodland110%$2,600,000$5,250,000-50.5%
Minnetonka Beach220%$750,000$1,967,000-61.9%
Shorewood111010%$731,850$499,00046.7%
Orono12120%$705,875$791,946.25-10.9%
Deephaven715-53.3%$660,000$898,200-26.5%
Edina55525.8%$600,000$557,0007.7%
Wayzata8560%$582,500$1,840,000-68.3%
Independence67-14.3%$526,000$444,90018.2%
Medina12119.1%$475,000$683,705-30.5%
Minnetrista1021-52.4%$411,385$438,443-6.2%
Eden Prairie4068-41.2%$404,500$358,50012.8%

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