Market Summary

Shorewood, Will County, IL

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Median Home Price Price

$394,317 $394.3K

Median Monthly Rent Rent

$2,159 $2.2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Will County

Region Price Rent GRM Display
$409,860 $2,785 12.0x
$330,427 $1,882 15.0x
$360,385 $2,004 15.0x
$303,212 $2,361 11.0x
$347,741 $1,927 15.0x
$349,349 $2,275 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Will County

Region Price Rent GRM Display
$404,553 $1,973 17.0x
$377,015 $2,153 15.0x
$395,414 $1,852 18.0x
$390,919 $2,147 15.0x
$363,080 $1,823 17.0x
$290,345 $2,077 12.0x
$417,503 $2,298 15.0x
$385,318 $1,842 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$443,070 $2,225 17.0x
$647,834 $2,054 26.0x
$420,227 $2,211 16.0x
$222,841 $1,252 15.0x
$371,521 $2,098 15.0x
$322,932 $1,715 16.0x
$304,752 $1,657 15.0x
$461,969 $2,159 18.0x
$493,394 $2,040 20.0x
$436,179 $2,051 18.0x
$645,126 $2,122 25.0x
$258,518 $1,339 16.0x
$315,676 $1,140 23.0x
$453,454 $2,243 17.0x
$511,867 $2,115 20.0x
$533,534 $2,259 20.0x
$349,767 $1,432 20.0x
$477,618 $2,708 15.0x
$520,787 $2,171 20.0x
$228,428 $1,289 15.0x
$504,454 $2,251 19.0x
$330,311 $1,356 20.0x

Home prices

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Monthly rent

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GRM

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Shorewood

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Trend Insights

Median Rent in Shorewood, IL is $2,159, with MoM change +$19 and YoY change +$142 pointing to positive momentum while volatility is low (std $34).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Shorewood, IL.

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Metric
Base market Shorewood, IL
Compare market Select a market
Delta vs base
Median rent
$2,159
N/A
Median price
$394,317
N/A
YoY change
+$142
N/A
Price-to-rent
15.2x
Data unavailable
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