Shorewood, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Shorewood Neighborhoods Since 2000




Shorewood, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Shorewood Housing Market Information

With a population of 13,311, 6,122 total housing units (homes and apartments), and a median house value of $307,935, Shorewood real estate is some of the most expensive in Wisconsin, although Shorewood home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Shorewood, accounting for 41.24% of the village's housing units. Other types of housing that are prevalent in Shorewood include large apartment complexes or high rise apartments ( 31.43%), duplexes, homes converted to apartments or other small apartment buildings ( 21.29%), and a few row houses and other attached homes ( 5.71%).

People in Shorewood primarily live in small (one, two or no bedroom) single-family detached homes. Shorewood has a mixture of owner-occupied and renter-occupied housing.

The housing in Shorewood was primarily built before 1939 ( 56.60%), making the housing stock in Shorewood some of the oldest overall in America, although there is a range of ages of homes in Shorewood. The next most important housing age is between 1940-1969 ( 28.89%), followed by between 1970-1999 ( 13.66%).

Shorewood Home Appreciation Rates

Appreciation rates for homes in Shorewood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.20%, which ranks in the top 40% nationwide. This equates to an annual average Shorewood house appreciation rate of 0.51%.

NeighborhoodScout's data show that during the latest twelve months, Shorewood's appreciation rate, at 4.23%, has been at or slightly above the national average. In the latest quarter, Shorewood's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to Wisconsin, our data show that Shorewood's latest annual appreciation rate is higher than 50% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$307,935

Shorewood, WI HOME PRICES

Value Range
> $1,110,000 1.5
$832,001 - $1,110,000 3.0
$555,001 - $832,000 7.5
$444,001 - $555,000 7.4
$333,001 - $444,000 22.7
$222,001 - $333,000 40.5
$111,001 - $222,000 12.7
$55,001 - $111,000 2.8
$0 - $55,000 2.0

Very High for WI
Very High for Nation

Value Relative to Nation Value Relative to State
15.6685808039377 5.54414784394251

Number Of Homes And Apartments:
6,122

Shorewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
52.08% 2.46% 10 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,109 / per month

Homeownership Rate

Homeownership
Owners 48.35
Renters 51.65
Vacant 5.20

Housing Market Details

 

Age of Homes

AGE OF Shorewood HOMES
2000 or Newer 0.9
1970 - 1999 13.7
1940 - 1969 28.9
1939 or Older 56.6

Types of Homes

TYPE OF Shorewood HOMES
Single-Family 41.2
Townhomes 5.7
Small Apt. Buildings 21.3
Apt. Complexes 31.4
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Shorewood HOMES
No Bedroom 1.87
1 Bedroom 20.18
2 Bedrooms 31.54
3 Bedrooms 27.69
4 Bedrooms 14.48
5 or more bedrooms 4.24