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Minnesota State Wire

Friday, September 12, 2025

Shorewood home prices fall in November 2018

Webp realestate1

The median sale price of a home sold in November 2018 in Shorewood fell by $61,000 while total sales decreased by 23.1%, according to BlockShopper.com.

In November 2018, there were 10 homes sold, with a median sale price of $499,000 - a 10.9% decrease over the $560,000 median sale price for the same period of the previous year. There were 13 homes sold in Shorewood in November 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 November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Orono1218-33.3%$791,946.25$432,00083.3%
Medina114175%$683,705$711,250-3.9%
Edina524710.6%$557,000$525,0006.1%
Greenfield45-20%$541,493.72$410,00032.1%
Long Lake21100%$509,250$285,00078.7%
Shorewood1013-23.1%$499,000$560,000-10.9%
Excelsior10-$480,000$0-
Independence770%$444,900$426,0004.4%
Minnetrista211275%$438,443$382,765.5014.5%
Spring Park10-$420,000$0-
Hanover110%$375,000$318,00017.9%

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