Annessa Fackelman
Shorewood Real Estate
Annessa Fackelman provides direct, conversational guidance for buyers and sellers navigating the Shorewood, Minnesota real estate market. She specializes in transitions with a focus on clear communication and genuine care.
Shorewood offers a distinct residential landscape along the shores of Lake Minnetonka. The housing stock reflects a specific era of development, with the median year homes were built being 1987 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Buyers will find a variety of property types, including single-family detached houses and waterfront properties that define the local character.
The market remains stable with significant long-term growth. In Hennepin County, the home price change over 5 years is +29.8% (Federal Housing Finance Agency House Price Index, 2020 to 2025). This appreciation makes Shorewood an important location for those managing investment properties or long-held assets.
Annessa Fackelman brings specialized expertise to Shorewood as a Senior Real Estate Specialist. She assists with downsizing and first-time purchases by providing hands-on guidance. Whether navigating a complex sale or finding a new construction home, she ensures every client feels supported and informed through the entire process.
By the numbers
Shorewood, MN at a glance
| Population2020–2024 ACS 5-year estimates | 7,647 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 3,041 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $703,200 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,607 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $7,414 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 93% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 79% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1987 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 71% |
| Home price change, 1 year (Hennepin County)2024 to 2025 | +3.0% |
| Home price change, 5 years (Hennepin County)2020 to 2025 | +29.8% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the typical home value in Shorewood, Minnesota?↓
The median home value for owner-occupied units in Shorewood is $703,200 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the area's established neighborhoods and high demand for residential property. Value trends in the broader county show consistent upward movement over recent years.
Are most residents in Shorewood owners or renters?↓
Ownership is the primary housing tenure in the community. Data indicates that homes that are owner-occupied account for 93% of the housing stock (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). For those looking to lease, the median monthly rent is $1,607 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates).
What kind of homes will I find in Shorewood?↓
The area consists primarily of detached residences rather than multi-unit complexes. Homes that are single-family detached make up 79% of the local housing (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Annessa Fackelman helps clients explore these properties, including townhouses and new construction options.
What are the property taxes like in Shorewood?↓
Homeowners in this area contribute significantly to local infrastructure and services. The median annual property tax paid is $7,414 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Annessa Fackelman can help sellers and buyers understand how these figures impact their overall housing costs during a move.
Is Shorewood a good location for commuters?↓
Many residents find the area accessible to major employment hubs in the Twin Cities region. Records show that commutes under 30 minutes apply to 71% of the local population (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This accessibility is a key factor for many buyers entering the Shorewood market.