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South Hennepin News

Thursday, November 7, 2024

Rising home prices in Shorewood in April 2021

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The median sale price of a home sold in April 2021 in Shorewood rose by $25,000 while total sales decreased by 80%, according to BlockShopper.com.

In April 2021, there were three homes sold, with a median sale price of $410,000 - a 6.5% increase over the $385,000 median sale price for the same period of the previous year. There were 15 homes sold in Shorewood in April 2020.

The median sales tax in Shorewood for the most recent year with available data, 2019, was $5,962, approximately 1.5% of the median home sale price for April 2021.

The following table compares Shorewood to other Hennepin County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Dayton29-77.8%$493,000$422,00016.8%
Medina28-75%$470,000$483,750-2.8%
St. Louis Park1269-82.6%$436,900$351,50024.3%
Eden Prairie1044-77.3%$435,000$415,0004.8%
Plymouth1683-80.7%$420,000$380,00010.5%
Shorewood315-80%$410,000$385,0006.5%
Maple Grove1297-87.6%$382,500$326,00017.3%
Golden Valley828-71.4%$372,500$352,7505.6%
Long Lake15-80%$360,000$235,00053.2%
Minnetonka1154-79.6%$355,000$427,500-17%
Bloomington2468-64.7%$352,750$300,00017.6%

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