The median sale price of a home sold in April in Shorewood rose by $15,625 while total sales increased by 12.5 percent, according to BlockShopper.com.
In April, there were nine homes sold, with a median sale price of $475,000 - a 3.4 percent increase over the $459,375 median sale price for the same period of the previous year. There were eight homes sold in Shorewood in April 2021.
The median sales tax in Shorewood for the most recent year with available data, 2019, was $5,962, approximately 1.3 percent of the median home sale price for April.
The following table compares Shorewood to other Hennepin County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Excelsior | 1 | 3 | -66.7 | $550,000 | $739,900 | -25.7 |
| Minnetonka | 63 | 36 | 75 | $547,000 | $475,000 | 15.2 |
| Independence | 4 | 4 | 0 | $540,653 | $587,500 | -8 |
| Mound | 11 | 17 | -35.3 | $532,000 | $320,000 | 66.3 |
| Minnetrista | 14 | 7 | 100 | $515,250 | $475,000 | 8.5 |
| Shorewood | 9 | 8 | 12.5 | $475,000 | $459,375 | 3.4 |
| Eden Prairie | 51 | 43 | 18.6 | $465,000 | $402,000 | 15.7 |
| Golden Valley | 23 | 21 | 9.5 | $462,500 | $420,000 | 10.1 |
| Long Lake | 1 | 2 | -50 | $460,000 | $380,000 | 21.1 |
| Rogers | 10 | 10 | 0 | $458,000 | $350,000 | 30.9 |
| Plymouth | 85 | 57 | 49.1 | $450,000 | $420,000 | 7.1 |
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