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ZIP 55331 in Shorewood, MN: housing market trends

The median home sale price in ZIP 55331 in Shorewood, MN was $854,749 for the three-month period ending September 2026. Sale prices were 1.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$854,749
three-month period ending September 2026
Median sale price per sq ft
$277.03
three-month period ending September 2026
Active listings
207
three-month period ending September 2026
Typical monthly rent
$2,623
Rent index · August 2026

How is housing inventory changing?

There were 207 active listings for the three-month period ending September 2026. Active listings were 2.8% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 29 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55331 in Shorewood, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$854,749$277.03112
Single-familySeptember 2026$879,778$290.4698
TownhousesSeptember 2026$435,001$196.6711
Condos / co-opsSeptember 2026$1,087,468$863.502 · small sample
Multifamily (2–4 units)September 2026$560,000$169.701 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55331 in Shorewood, MN
MarketMedian sale priceReporting period / source
Shorewood, MN$884,5793 months ending September 2026 · Redfin
Tonka Bay, MN$2,276,4163 months ending September 2026 · Redfin
Excelsior, MN$1,249,4053 months ending September 2026 · Redfin
Spring Park, MN$704,5003 months ending September 2026 · Redfin
Greenwood, MN$3,598,2863 months ending September 2026 · Redfin
Mound, MN$387,8153 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55331 in Shorewood, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$854,749$277.03207
August 2026$882,500$273.48217
July 2026$825,000$272.15208
June 2026$800,000$269.78206
May 2026$750,000$268.65212
April 2026$766,375$266.30196
March 2026$722,450$271.58184
February 2026$685,000$268.63170
January 2026$694,950$269.67156
December 2025$913,052$266.36163
November 2025$897,104$272.03190
October 2025$912,000$267.19202
September 2025$839,000$257.68213
August 2025$817,500$261.93248
July 2025$812,500$261.41262
June 2025$816,765$265.61255
May 2025$808,824$261.34257
April 2025$795,000$276.57222
March 2025$759,700$276.69187
February 2025$841,179$273.51149
January 2025$719,355$247.67137
December 2024$658,000$246.86167
November 2024$664,302$234.56186
October 2024$798,776$264.44202

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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