Market Overview
Home Prices in Shorewood, WI
The median home value in Shorewood, WI is $566,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shorewood are priced38% above average. Shorewood is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, Shorewood home values have risen by approximately23.7%, reflecting strong long-term appreciation in this market.
Price History
Shorewood Home Price Trend
City Comparison
Shorewood vs. National Median
At $566,962, homes in Shorewood cost 38% above the national median of $410,000. Buyers in Shorewood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shorewood?
20% Down Payment
$113,392
on $566,962
Monthly P&I
$2,957/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,755/mo
incl. taxes & insurance
Income Needed
$150,200
gross annual (30% rule)
10% Down Option
$56,696
+ PMI applies
Loan Amount (20% dn)
$453,570
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 Shorewood, WI?
The median home value in Shorewood is $566,962 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Shorewood?
Over the past year, home values in Shorewood have increased by 5.3%. Over five years, prices have risen approximately 23.7%.
How much do I need to earn to buy a home in Shorewood?
To comfortably afford the median home price of $566,962 with a 20% down payment ($113,392) at today's rates (6.8%), you'd need a gross annual income of approximately $150,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Shorewood compare to the national average home price?
The national median home value is approximately $410,000. At $566,962, homes in Shorewood are 38% above the national average.
What metro area is Shorewood part of?
Shorewood is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.