All Home Types
Shorewood, MN Housing Market
What is the housing market like in Shorewood today?
In October 2024, Shorewood home prices were down 18.3% compared to last year, selling for a median price of $725K. On average, homes in Shorewood sell after 21 days on the market compared to 30 days last year. There were 9 homes sold in October this year, down from 14 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$725,000
-18.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Shorewood, MN
$725,000
-18.3%
United States
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Shorewood Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Shorewood homebuyers searched to move out of Shorewood, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Shorewood from outside metros.
- Albuquerque homebuyers searched to move into Shorewood more than any other metro followed by Miami and Chicago.
Where are people moving to Shorewood from?
- 80% of Shorewood homebuyers searched to stay within the Shorewood metropolitan area.
- Brainerd was the most popular destination among Shorewood homebuyers followed by Duluth and Cape Coral.
Where are people from Shorewood moving to?
Number of People Moving to Shorewood
least
most
People are moving to Shorewood from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Shorewood for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Shorewood.
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