Shorewood home prices rose in April

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The median sale price of a home sold in April in Shorewood rose by $65,500 while total sales decreased by 56.3 percent, according to

In April, there were seven homes sold, with a median sale price of $488,000 - a 15.5 percent increase over the $422,500 median sale price for the same period of the previous year. There were 16 homes sold in Shorewood in April 2021.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2 percent of the median home sale price for April.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Whitefish Bay393511.4$480,000$405,00018.5
Fox Point161060$425,000$505,000-15.8
River Hills913-30.8$411,750$705,000-41.6
Hales Corners1317-23.5$370,200$270,50036.9
Oak Creek4852-7.7$262,100$242,9507.9
St. Francis1828-35.7$242,000$187,00029.4

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