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Minnesota State Wire

Friday, November 22, 2024

Shorewood home prices fall in April 2020

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The median sale price of a home sold in April 2020 in Shorewood fell by $44,900 while total sales increased by 160%, according to BlockShopper.com.

In April 2020, there were 13 homes sold, with a median sale price of $380,000 - a 10.6% decrease over the $424,900 median sale price for the same period of the previous year. There were five homes sold in Shorewood in April 2019.

The median sales tax in Shorewood for the most recent year with available data, 2019, was $6,076, approximately 1.6% of the median home sale price for April 2020.

The following table compares Shorewood to other Hennepin County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Corcoran3250%$445,000$482,500-7.8%
Eden Prairie3385-61.2%$407,500$425,000-4.1%
Minnetonka4258-27.6%$405,000$396,0502.3%
Loretto110%$389,900$165,000136.3%
Plymouth6187-29.9%$383,500$364,0005.4%
Shorewood135160%$380,000$424,900-10.6%
Dayton7540%$370,800$270,00037.3%
Hopkins918-50%$364,900$255,00043.1%
St. Louis Park5462-12.9%$354,000$321,70010%
Maple Grove71692.9%$325,000$345,000-5.8%
Rogers720-65%$316,000$289,9509%

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