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Featured local agent — Shoreview, MN
Sarah Mitchell
Compass Real Estate · Shoreview, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shoreview, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$430,000median sale price
How is the Shoreview, MN housing market right now?
The median home sale price in Shoreview, MN is $430,000, up 3.1% year-over-year. Homes sell in an average of 18 days with 55 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shoreview a buyer's or seller's market?
Shoreview, MN is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
46
Last 12 weeks
Days on market
18
Fast-moving
Active listings
55
1.2 months supply
Sale-to-list
100.7%
Above asking
What does the Shoreview housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $400,000 |
| Year-over-year price change | +3.1% |
| Average days on market | 18 days |
| Active inventory | 55 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $214/sq ft |
| Homes sold (latest month) | 46 |
| New listings (latest month) | 62 |
| Listings with a price cut | 34.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Shoreview by property type?
How the Shoreview, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $490,000 | $227/sq ft | 31 | 13 days |
| Condo / Co-op | $114,950 | $144/sq ft | 4 | 36 days |
| Townhouse | $287,000 | $210/sq ft | 11 | 20 days |
Source: Redfin · Updated monthly
The Shoreview housing market is currently classified as a strong seller's market with a median sale price of $430,000. Prices have risen 3.1% compared to last year, with homes spending an average of 18 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Shoreview
There are currently 55 homes listed for sale in Shoreview, Minnesota. The median listing price is $400K.
Active listings
55
Homes on market
Median list price
$400K
Avg. days on market
18
Days until sale
New this week
62
Newly listed
Who lives in Shoreview?
Population
26,724
Median income
$109,399/yr
Median age
44.5 years
Owner-occupied
81.3%
College grads
63.1%
Avg commute
22.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Shoreview?
Zillow home value
$421,512
Zillow rent index
$1,848/mo
Price-to-rent ratio
19.0x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Shoreview?
Shoreview is a community of approximately 27K residents with a median age of 44.5 years.The median household income is $109,399, which reflects a relatively affluent area with strong earning potential. 63.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shoreview offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Shoreview?
11 schools tracked · 2,853 students
The largest public schools serving Shoreview, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Turtle Lake Elementary
Grades 1-5 · 957 students
ISLAND LAKE ELEMENTARY
Grades 1-5 · 730 students
WILLIAMS ELEMENTARY
Grades K-6 · 458 students
Snail Lake Kindergarten Center
Grades K · 304 students
Lionsgate Academy - Shoreview
Grades 7-12 · 183 students
Oak Hill Montessori Community
Grades PK-8 · 165 students
Lionsgate Academy - Lynx Program
Grades 7-12 · 19 students
REACH Academy
Grades 6-12 · 16 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Shoreview, MN?
Want a head-to-head view? Compare Shoreview side-by-side with any other U.S. city using our market-comparison tool.
Is Shoreview a good real estate investment market?
For investors evaluating Shoreview, the price-to-rent ratio of 19.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Shoreview's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Shoreview's median home price.
Frequently asked questions
What is the average home price in Shoreview?
The median home sale price in Shoreview is $430,000, up 3.1% from last year.
How long do homes stay on market in Shoreview?
Homes typically spend 18 days on market before going under contract.
What is the median income in Shoreview?
The median household income is $109,399 per year.
Is Shoreview a buyer's or seller's market?
With 1.2 months of supply, Shoreview is currently a strong seller's market.
What is the Zillow home value estimate for Shoreview?
The Zillow Home Value Index (ZHVI) for Shoreview is $421,512, representing the typical home value in the area.
What is the median condo price in Shoreview?
The median condo/co-op sale price in Shoreview, MN is $114,950, compared to $490,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Shoreview?
The median single-family home price in Shoreview, MN is $490,000 (about $227 per square foot).
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