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Minnesota State Wire

Saturday, September 13, 2025

How did home prices perform in Shorewood during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Shorewood rose by $44,900 while total sales decreased by 51.7%, according to BlockShopper.com.

From January through June of 2021, there were 29 homes sold, with a median sale price of $514,900 - a 9.6% increase over the $470,000 median sale price for the same period of the previous year. There were 60 homes sold in Shorewood in the first half of 2020.

The median sales tax in Shorewood for the most recent year with available data, 2019, was $5,962, approximately 1.2% of the median home sale price for the first half of 2021.

The following table compares Shorewood to other Hennepin County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Tonka Bay9812.5%$670,000$611,2509.6%
Wayzata1621-23.8%$649,250$870,000-25.4%
Excelsior613-53.8%$622,450$658,500-5.5%
Medina1746-63%$605,000$551,0009.8%
Minnetrista5274-29.7%$538,600.50$482,50011.6%
Shorewood2960-51.7%$514,900$470,0009.6%
Minnetonka149281-47%$470,000$425,00010.6%
Corcoran2433-27.3%$462,500$375,00023.3%
Dayton1628-42.9%$455,000$302,50050.4%
Spring Park46-33.3%$450,000$664,250-32.3%
Plymouth208419-50.4%$429,250$374,90014.5%

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