Shorewood, IL

Balanced market-6.5% YoY

Housing market overview · Updated weekly

$362,450median sale price

Homes sold

12

Last 12 weeks

Days on market

68

Average pace

Active listings

47

3.9 months supply

Sale-to-list

97.9%

Below asking

The Shorewood housing market is currently classified as a balanced market with a median sale price of $362,450. Prices have fallen 6.5% compared to last year, with homes spending an average of 68 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Shorewood

There are currently 47 homes listed for sale in Shorewood, Illinois. The median listing price is $392K.

Active listings

47

Homes on market

Median list price

$392K

Avg. days on market

68

Days until sale

New this week

17

Newly listed

Price drops:10.6%of listings
Sale-to-list:97.9%

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Frequently asked questions

What is the average home price in Shorewood?

The median home sale price in Shorewood is $362,450, down 6.5% from last year.

How long do homes stay on market in Shorewood?

Homes typically spend 68 days on market before going under contract.

Is Shorewood a buyer's or seller's market?

With 3.9 months of supply, Shorewood is currently a balanced market.

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