Shorewood, WI—53211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shorewood, WI
As of Oct '25, the median home price in Shorewood, WI is $500,000, with a year-over-year change of 3.4%. This indicates that home prices in Shorewood, WI are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $500,000 | 3.4% |
| Single Family | $525,000 | 3.6% |
| Condos | $288,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $161,000 | 2.5% |
2 Bed | $319,000 | -1.8% |
3 Bed | $472,000 | 3.5% |
4 Bed | $576,000 | 3.8% |
| 5 Bed | $728,000 | 3.9% |
% of Housing Stock
Rental Trends — Shorewood, WI
As of July '25, Rentcast reports the average rent in Shorewood, WI is $1,570, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Shorewood, WI is studios: $928, 1-bedrooms: $1,090, 2-bedrooms: $1,430, 3-bedrooms: $1,900, 4-bedrooms: $2,710. The most common rental property sizes in Shorewood, WI are 1-bedroom and 2-bedroom, accounting for 37.3% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,570 |
| Studio Rent | $895 | $928 |
| 1 Bed Rent | $1,020 | $1,090 |
| 2 Bed Rent | $1,400 | $1,430 |
| 3 Bed Rent | $1,880 | $1,900 |
| 4 Bed Rent | $2,400 | $2,710 |
% of Rental Stock
Property Listings — Shorewood, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Shorewood, WI is 33. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $524,000 | -5.0% |
Listing Count | 46 | -8.0% |
| Listings as % of Homes | 0.1% | -8.0% |
Days on Market | 33 | -10.0% |
Demographics — Shorewood, WI
As of the latest ACS Survey released in 2023, Shorewood, WI has a population of 34,400, which has decreased by -3.6% over the past 5 years. Shorewood, WI is a less popular place for families, as children make up 14.2% of the population. The area has a highly educated workforce, with 74.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,400 | -3.6% |
% Under 18 | 14.2% | 6.8% |
% Seniors | 13.8% | 16.0% |
% WFH | 16.6% | 181.4% |
% w/ College Degree | 74.0% | 5.0% |
As of the latest ACS Survey released in 2023, Shorewood, WI is a predominantly white area, with 80.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Shorewood, WI is asian, making up 5.5% of the population. Foreign-born residents account for 8.4% of the population in Shorewood, WI, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.6% | -1.1% |
% Black | 3.9% | -30.4% |
% Hispanic | 5.0% | 4.2% |
% Asian | 5.5% | 17.0% |
% Foreign Born | 8.4% | -12.5% |
Mortgage and Risk — Shorewood, WI
According to HUD data as of 2023, there were 412 mortgage originations in Shorewood, WI, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Shorewood, WI. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 412 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Shorewood, WI
As of 2024, the percent of homes in Shorewood, WI under the Section 8 program is 6.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Shorewood, WI, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 603 |
Total Units Section 8 | 559 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,020 | $1,290 |
| 2 Bedroom | $130 | $1,400 | $1,530 |
| 3 Bedroom | $20 | $1,880 | $1,900 |
| 4 Bedroom | -$330 | $2,400 | $2,070 |
Affordability — Shorewood, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $500,000 |
| Median Household Income | $76,200 |