Shorewood, MN Home Prices — 2025 Guide
Real, current home price data for Shorewood — median values, price tiers by budget, bedroom breakdowns, and neighborhood comparisons from The PRO Team at RE/MAX RESULTS.
Median Home Price
$865,000
As of 2025
Price Per Sq Ft
$285
Median, single-family
Annual Appreciation
+4.7%
Year-over-year
Days on Market
25 days
Median time to offer
Home Price Ranges by Budget — Shorewood
Shorewood real estate spans a wide range of budgets. Here's how the market segments break down relative to the $865,000 median.
Entry-Level / Starter Homes
Entry-Level$415K – $590K
Condos, townhomes, and smaller single-family homes. Ideal for first-time buyers and downsizers looking for value and low maintenance.
Mid-Market / Move-Up Homes
Most Active$690K – $1.0M
3–4 bedroom single-family homes in established neighborhoods — the most active segment of the market with strong resale demand.
Premium Upper-Market
Premium$1.2M – $1.6M
4–5 bedroom homes with premium finishes, larger lots, and upgraded amenities in the best school zones.
Luxury & Estate Homes
Luxury$1.7M+
Custom estates, lakefront properties, and architecturally significant homes — often off-market or pre-marketed through luxury networks.
Price by Bedroom Count — Shorewood
Typical price ranges by bedroom count based on recent Shorewood sales. Actual prices vary by neighborhood, condition, and lot size.
Studio / 1 Bed
Condos & co-ops
$275K – $450K
2 Bedroom
Condos & townhomes
$450K – $650K
3 Bedroom
Single-family — most common
$675K – $910K
4 Bedroom
Move-up single-family
$950K – $1.3M
5+ Bedroom
Estate & luxury homes
$1.3M+
Price by Neighborhood
+4.7%
At this pace, today's median $865,000 home could be worth approximately $905K within a year.
Shorewood sellers benefit from the community's lake-adjacent positioning and top-school access. Properties with lake views or lake access sell significantly above city medians and attract relocation buyers.
Price Analysis — Shorewood Real Estate
Shorewood has appreciated 4.7% annually, driven by scarcity of lakefront inventory and strong demand from families prioritizing the Minnetonka school district. The $700K-$1.2M range is particularly competitive.
- Median price: $865,000 — reflecting consistent, sustained buyer demand in Shorewood
- $285 per square foot — a reliable benchmark when comparing individual listings
- 25 median days on market — balanced conditions giving buyers time to evaluate carefully
- +4.7% annual appreciation — outpacing most national housing benchmarks
- 15+ active listings — inventory that favors sellers with scarcity driving strong offers
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* Price ranges are based on recent market activity and are informational only. Contact The PRO Team for a precise, personalized market analysis.
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