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Median Home Price in Shorewood, IL

The median home value in Shorewood, IL is $417,561 as of 2026-07-31, up 2.56% from a year earlier.

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Median Home Value

$417,561

Year-over-Year

+2.56%

Population

18,433

Shorewood ranks #67 of 279 Illinois cities tracked here by median home value, and sits 30.9% above the state's city median of $319,026. It sits in Will County, where the county-wide median is $379,299.

Housing affordability in Shorewood

Median household income in Shorewood is $122,105, so the typical home value is about 3.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Shorewood

Shorewood police recorded a violent crime rate of 92 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 819 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Shorewood

What is the average home price in Shorewood, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Shorewood, that value is $417,561. That's up 2.56% from a year earlier. It is about 30.9% above the typical Illinois city tracked here.

Is Shorewood expensive compared to the surrounding area?

Homes in Shorewood are more expensive than Will County as a whole, where the median is $379,299 — a difference of about 10.1%.

Is Shorewood affordable?

Median household income here is $122,105, so the typical home value is about 3.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Shorewood a safe place to live?

Shorewood police reported 92 violent crimes per 100,000 residents, covering a population of about 18,433. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in IL

Niles · Algonquin · Hampshire · Woodridge · Westmont · Orland Park · Hoffman Estates · Yorkville