Shorewood, MN Real Estate
According to census data in the year 2000 there were 2,597 housing units in Shorewood.
This represents a 21.2% growth from 2,143 in 1990.
Of those housing units, 2,597 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Shorewood is about 94.2%.
Shorewood's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Shorewood were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 0.70% |
| Two Bedrooms | 10.20% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 33.50% |
| Five Bedrooms or more | 15.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $254,300 |
| Median Price asked for vacant units | $625,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1965 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 12.10% |
| Home Equity Loan | 13% |
| Simple Mortgage | 56.30% |
| Debt Free | 18.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
