Housing & Real Estate — Shorewood, Minnesota

Overview

Total Housing Units3,021
Occupied2,952
Vacant69
Owner-Occupied2,774
Renter-Occupied178
Median Home Value (Census)$703,200
Estimated 2026~$748,000
Median Rent$2,099/mo
Median Property Tax$7,414/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income14.7%
Severely Rent-Burdened42.3%

Housing Age

Built 2010 or later316
Built 2000-2009269
Built 1990-1999720
Built before 1960460
Median Year Built1986
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.