Shorewood, WI Foreclosures
How much do homes sell for in Shorewood, WI?
The average home price is currently $481,025.
In Shorewood, WI, how many homes are available?
There are currently 2 active home listings available in Shorewood.
What’s the average rental cost in Shorewood, WI?
The average rental price in Shorewood is $1,978.
What is the most expensive home in Shorewood?
The most expensive home sold in Shorewood had a price of $2,232,432.
What is currently the cheapest priced home in Shorewood, WI?
The cheapest home for sale in Shorewood is priced at $57,980.
Living in Shorewood, WI
Shorewood, WI, is a charming community with an appealing mix of suburban and urban lifestyles. This area supports a rich array of local shops, beautiful parks, and has a strong focus on education. Its close-knit community vibe makes it a perfect place for families.
Current Market Conditions in Shorewood, WI
Shorewood's real estate market is currently characterized by high demand and limited inventory, contributing to competitive pricing. Homes tend to sell quickly, particularly those situated in desirable neighborhoods. The average home price has gradually increased, reflecting a robust local economy and continued interest from both buyers and investors.
The past few months have illustrated a trend toward a seller's market, where buyers are often finding themselves in bidding wars. The overall desirability of Shorewood, paired with its proximity to Milwaukee, has attracted both young professionals and families looking for good schools and community amenities.
Home Value Estimator For Shorewood, WI
There are currently 495 real estate properties
in Shorewood, WI,
with a median automated valuation model (AVM) price
of $509,137.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shorewood, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Shorewood, WI,
is $481,025.00, with the most expensive house
in Shorewood, WI, topping out
at $2,232,432.00 and the cheapest home
in Shorewood, WI,
clocking in at $57,980.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shorewood, WI!
Rent Prices
In Shorewood, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shorewood, WI, is on
a rollercoaster ride. The
average rent price in Shorewood, WI,
is $1,978.00. Indeed, when looking to rent in
Shorewood, WI, you can expect to pay as little
as $1,320.00 or as much
as $3,040.00,
with the average rent median estimated to
be $1,870.00. The good news is that finding
an affordable and desirable property to rent in Shorewood, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
