The Shorewood housing market is somewhat competitive. The median sale price of a home in Shorewood was $370K last month, up 8.8% since last year. The median sale price per square foot in Shorewood is $180, up 9.1% since last year.
What is the housing market like in Shorewood today?
In October 2024, Shorewood home prices were up 8.8% compared to last year, selling for a median price of $370K. On average, homes in Shorewood sell after 52 days on the market compared to 46 days last year. There were 19 homes sold in October this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$370,000
+8.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Shorewood, IL
$370,000
+8.8%
United States
To compare other locations to the Shorewood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Shorewood's median sale price is 20% lower than the national average. Overall cost of living in Shorewood is 5% lower than the national average. Learn which home features in Shorewood add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Shorewood housing market?
Shorewood is somewhat competitive. Homes sell in 48 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 48 days.
Hot homes
can sell for about 1% above list price and go pending in around 35 days.
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.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Shorewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Shorewood.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Shorewood has a minor risk of flooding. 934 properties in Shorewood are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Shorewood. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Shorewood has a moderate risk of wildfire. There are 845 properties in Shorewood that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Shorewood.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Shorewood has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Shorewood is most at risk from hurricanes. 7,395 properties in Shorewood have some risk of being in a severe wind event within the next 30 years.