All Countries
Shorewood, MN
Full City Profile · Minnesota · Carver County County
3.8
/5.0
B+
Good
7,679
Population
1,446/sq mi density
$172,325
Median Income
$87,623 per capita
$684,500
Home Value
$787,979 Zillow
$2,099
Median Rent
33.8% income on rent
45°F
Avg Temperature
270 sunny days/yr
23
Violent Crime/100K
864 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$172,325 median income, 2.9% unemployment
A
Affordability
4.4 / 5.0
$684,500 home value, $2,099/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
A+
Education
5.0 / 5.0
72.8% bachelor's degree or higher
Housing Overview
Median Home Value
$684,500
143% above
US avg: $281,900
Median Rent
$2,099/mo
80% above
US avg: $1,163/mo
Homeownership Rate
94.0%
44% above US avg (65.4%)
Total Housing Units
3,009
Median year built: 1986
Home Value by Source
Census Median
$684,500
Zillow (ZHVI)
$787,979
Median Sale Price
$875,000
Median List Price
$1,412,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.0%
Owner-Occupied
6.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$2,099/mo
Market Indicators (Redfin)
Median Days on Market
134 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$293
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
33.8%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
94.0%
Complete Housing Data
Home Values
| Census Median Value | $684,500 |
| Zillow Home Value (ZHVI) | $787,979 |
| Median Sale Price | $875,000 |
| Median List Price | $1,412,500 |
| Price Per Sq Ft | $293 |
Rent
| Census Median Rent | $2,099 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 134 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.2% |
| Homes Sold | 9 |
| Active Inventory | 18 |
| Price Per Sq Ft | $293 |
Ownership & Stock
| Owner-Occupied | 94.0% |
| Renter-Occupied | 6.0% |
| Homeownership Rate | 94.0% |
| Total Housing Units | 3,009 |
| Median Year Built | 1986 |
| Rent Burden | 33.8% |