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There are currently 4 real estate properties in Shorewood Hills, WI, with a median automated valuation model (AVM) price of $488,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shorewood Hills, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shorewood Hills, WI, is $448,300.00, with the most expensive house in Shorewood Hills, WI, topping out at $612,000.00 and the cheapest home in Shorewood Hills, WI, clocking in at $179,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Shorewood Hills, WI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shorewood Hills, WI, is on a rollercoaster ride. The average rent price in Shorewood Hills, WI, is $1,688.00. Indeed, when looking to rent in Shorewood Hills, WI, you can expect to pay as little as $1,620.00 or as much as $1,800.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Shorewood Hills, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Shorewood Hills is located in Dane, Wisconsin, with an estimated municipal population of 2,001 residents. All of the best foreclosed homes for sale in Shorewood Hills are located in the following zip code areas on Foreclosure.com: 53705 53792 53791. The estimated population per square kilometer (.62 miles) in Shorewood Hills is 958.
So, about how much do homes cost in Shorewood Hills? The most recent median value of resident-owned homes in Shorewood Hills is 666,047. An estimated 64.7 percent of households in Shorewood Hills own their homes, with an average family size of 2.95. The median household income in Shorewood Hills is 123,200, with58.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shorewood Hills, the median commute time of resident workers (in minutes) is 17.5. And last, but certainly not least, are you looking for homes to rent in Shorewood Hills? If so, the average rent price paid by renters in Shorewood Hills is 1,709, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Shorewood Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Shorewood Hills is 40.3, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Shorewood Hills is 62.2, with an average family size of 2.95.
The percentage of residents who report their race in Shorewood Hills is as follows:
| White | 86.6% |
| Black / African American | 2.2% |
| Asian | 6.5% |
| American Indian / Alaskan Native | 0.8% |
| Native Hawaiian / Other Pacifc Islander | 0.3% |
| Multi-racial | 2.6% |
| Other | 0.9% |
Looking for family-friendly neighborhoods in and/or near Shorewood Hills? Or maybe you are searching for 55+ active adult communities in and/or near Shorewood Hills?
The percentage of residents who report their age in Shorewood Hills is as follows:
| Under 10 | 10.1% |
| Aged 10-19 | 13.7% |
| 20s | 13.3% |
| 30s | 12.8% |
| 40s | 9.5% |
| 50s | 15.3% |
| 60s | 12.9% |
| 70s | 9.2% |
| 80+ | 3.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Shorewood Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Shorewood Hills.
How do you know that living in -- or moving to -- Shorewood Hills is right where you need to be? Perhaps you grew up in Shorewood Hills or already live nearby; therefore, the decision to buy a home in Shorewood Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shorewood Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Shorewood Hills:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Shorewood Hills.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shorewood Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shorewood Hills, meanwhile, can field multiple offers from more qualified buyers.
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