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Minnesota State Wire

Saturday, September 13, 2025

Shorewood home prices fall in December 2018

Webp re 10

The median sale price of a home sold in December 2018 in Shorewood fell by $37,550 while total sales increased by 27.3%, according to BlockShopper.com.

In December 2018, there were 14 homes sold, with a median sale price of $497,450 - a 7% decrease over the $535,000 median sale price for the same period of the previous year. There were 11 homes sold in Shorewood in December 2017.

The median sales tax in Shorewood for the most recent year with available data, 2015, was $5,414, approximately 1.1% of the median home sale price for December 2018.

The following table compares Shorewood to other Hennepin County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Minnetonka Beach110%$770,000$3,400,000-77.4%
Greenwood10-$765,000$0-
Corcoran36-50%$590,000$620,000-4.8%
Medina912-25%$562,000$650,000-13.5%
Edina564816.7%$508,200$531,000-4.3%
Shorewood141127.3%$497,450$535,000-7%
Tonka Bay4333.3%$494,750$325,00052.2%
Greenfield220%$482,500$222,325117%
Wayzata57-28.6%$435,000$439,000-0.9%
Minnetrista211816.7%$432,000$465,550-7.2%
Minnetonka594920.4%$365,000$341,2507%