Why Live in Shorewood
Shorewood, MN, is a waterfront city situated along the shore of Lake Minnetonka, offering a lakefront lifestyle and proximity to the Twin Cities. With a population of nearly 7,200, Shorewood features multiple lakes, including Christmas Lake and Silver Lake, known for their water clarity and wetlands. The city is primarily residential, contributing to its low crime rate, which is safer than the national average. Shorewood's real estate market is competitive, with home styles ranging from traditional ranch styles and Cape Cods to modern contemporaries with lakefront views. Residents enjoy easy access to U.S. Interstate 494, making day trips to the Twin Cities within 20 miles. Local attractions include Howard's Point Marina, Badger Park, Freeman Park, and Lake Minnewashta Regional Park, offering various outdoor activities such as fishing, boating, tennis, and hiking. The annual Arctic Fever Festival in January features horse-drawn sleigh rides, bonfires, sled dog rides, and live music. Shopping options at Shorewood Village include Cub Foods, Dollar Tree, and Walgreens Pharmacy, while dining options range from Joey Nova's Pizzeria to North Coop Restaurant & Bar and Hazelwood Food and Drink. Shorewood is served by highly rated schools in the Minnetonka Public Schools district, including Minnewashta Elementary, Minnetonka West Middle, and Minnetonka Senior High School. The Minneapolis-St Paul International Airport is 23 miles away, and healthcare options include St. Francis Regional Medical Center, 13 miles from the community.
Home Trends in Shorewood, MN
On average, homes in Shorewood, MN sell after 14 days on the market compared to the national average of 70 days. The median sale price for homes in Shorewood, MN over the last 12 months is $976,010, down 65% from the median home sale price over the previous 12 months.
Median Sale Price
$976,010
Median Single Family Sale Price
$1,270,450
Average Price Per Sq Ft
$416
Number of Homes for Sale
3
Last 12 months Home Sales
5
Median List Price
$1,270,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-65%