Similar to its surrounding areas, it is significantly more expensive compared to the entire nation. Compared to the city of Chicago however, it's a little more expensive.
Home prices
The median home in Shorewood is valued at $338,400. Compared to other places in this area this is is very similar.Compared to the entire nation it is approximately $120,900 (55%) higher, and is approximately $80,400 (31%) higher compared to the city of Chicago.
Rents
The median monthly rent in Shorewood is $1,004. It is about $148 (12%) lower compared to nearby areas.It is roughly $58 (5%) lower in comparison to the rest of the country, and compared to the city of Chicago it is roughly $108 (9%) lower.
Nearby places
Whitefish Bay
Whitefish Bay is Shorewood's neighbor to the northwest. Its real estate prices are a little more expensive. The median home in Whitefish Bay is valued at $387,000, which is $48,600 (12%) higher than Shorewood. Rents there are a little more expensive. In Whitefish Bay the median monthly rent is $1,243, which works out to $239 (19%) higher than Shorewood.
Milwaukee
Milwaukee is Shorewood's neighbor to the southwest. The housing prices there are substantially less expensive. Milwaukee's median home cost is $122,100, which works out to $216,300 (177%) lower than Shorewood. The rent there is a little less expensive. Milwaukee's median monthly rent is $858, which comes out to $146 (17%) lower than Shorewood.
Glendale
Glendale is about 3 miles northwest of Shorewood. Housing prices there are substantially less expensive. Glendale's median home price is $220,900, which works out to $117,500 (53%) lower than Shorewood. Rents there are somewhat more expensive. In Glendale the median monthly rent is $1,075, which comes out to $71 (6%) higher than Shorewood.
Fox Point
Fox Point is roughly 4 miles north of Shorewood. Its housing prices are similar. Fox Point's median home cost is $325,700, which comes out to $12,700 (3%) lower than Shorewood. Its rents are somewhat more expensive. In Fox Point the median rent is $1,252 a month, which is $248 (19%) higher than Shorewood.
River Hills
River Hills is roughly 5 miles north from Shorewood. Its housing prices are substantially more expensive. The median home in River Hills costs $642,900, which comes out to $304,500 (47%) higher than Shorewood. Rent there is a little more expensive. The median monthly rent in River Hills is $1,333, which comes out to $329 (24%) higher than Shorewood.
