Shorewood, MN Real Estate

According to census data in the year 2000 there were 2,597 housing units in Shorewood. This represents a 21.2% growth from 2,143 in 1990.

Of those housing units, 2,597 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Shorewood is about 94.2%. Shorewood's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.93 people.

The majority of houses, apartments or condos in Shorewood were built after 1976.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom0.70%
Two Bedrooms10.20%
Three Bedrooms39.30%
Four Bedrooms33.50%
Five Bedrooms or more15.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1977
Median Value of occupied units$254,300
Median Price asked for vacant units$625,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1965

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage12.10%
Home Equity Loan13%
Simple Mortgage56.30%
Debt Free18.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%