Market Overview
Home Prices in Shoreview, MN
The median home value in Shoreview, MN is $421,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shoreview are priced3% above average. Shoreview is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Shoreview home values have risen by approximately12.9%, reflecting steady appreciation in this market.
Price History
Shoreview Home Price Trend
City Comparison
Shoreview vs. National Median
At $421,512, homes in Shoreview cost 3% above the national median of $410,000. Buyers in Shoreview should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shoreview?
20% Down Payment
$84,302
on $421,512
Monthly P&I
$2,198/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,791/mo
incl. taxes & insurance
Income Needed
$111,640
gross annual (30% rule)
10% Down Option
$42,151
+ PMI applies
Loan Amount (20% dn)
$337,210
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shoreview, MN?
The median home value in Shoreview is $421,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Shoreview?
Over the past year, home values in Shoreview have increased by 2.1%. Over five years, prices have risen approximately 12.9%.
How much do I need to earn to buy a home in Shoreview?
To comfortably afford the median home price of $421,512 with a 20% down payment ($84,302) at today's rates (6.8%), you'd need a gross annual income of approximately $111,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Shoreview compare to the national average home price?
The national median home value is approximately $410,000. At $421,512, homes in Shoreview are 3% above the national average.
What metro area is Shoreview part of?
Shoreview is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.