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Friday, September 12, 2025

May 2017: Shorewood experienced a 14% drop in median home prices

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The median sale price of a home sold in May 2017 in Shorewood fell by $48,950 while total sales increased by 87.5%, according to BlockShopper.com.

In May 2017, there were 15 homes sold, with a median sale price of $300,000 - a 14% decrease over the $348,950 median sale price for the same period of the previous year. There were eight homes sold in Shorewood in May 2016.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 3.2% of the median home sale price for May 2017.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Bayside131118.2%$358,000$277,00029.2%
Whitefish Bay4345-4.4%$332,000$362,100-8.3%
Shorewood15887.5%$300,000$348,950-14%
Fox Point2229-24.1%$272,500$327,000-16.7%
Franklin81103-21.4%$232,000$223,0004%
Oak Creek66651.5%$216,000$187,30015.3%
Wauwatosa109128-14.8%$215,000$202,5006.2%
Hales Corners1819-5.3%$212,950$205,1003.8%
Greendale392744.4%$189,900$210,000-9.6%
Glendale4750-6%$179,900$178,8000.6%
Greenfield948017.5%$155,400$136,50013.8%

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