$2,077 Closing Credit*
$174,900
2 Beds
•2 Full Baths
Listing Office: Apex Realty Group, LLC
Is Shrewsbury, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shrewsbury has remained a Seller's Market.
Key Takeaway
Shrewsbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shrewsbury, MO
How much do homes in Shrewsbury, MO cost?
Median Sold Price
$272,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$750(+0.3%)
Key Takeaway
The sold price of homes in Shrewsbury has remained the same since last year.
Summary: The median home sold price in Shrewsbury was $272,500 in November 2024, up 0.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | - | N/A |
| 2 Bedrooms | $228K | $250K | +9.6% |
| 3 Bedrooms | $300K | $304.5K | +1.5% |
| 4 Bedrooms | $426K | $395K | -7.3% |
| 5+ Bedrooms | $575K | $525K | -8.7% |
Summary: Shrewsbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Maplewood | $262.5K | $295K | +12.4% |
| Gravois Township | $264.9K | $285.2K | +7.6% |
| Shrewsbury | $271.7K | $272.5K | 0.3% |
| Webster Groves | $392.4K | $390K | -0.6% |
| Jefferson Township | $402.8K | $399K | -0.9% |
Housing Supply in Shrewsbury, MO
How many homes are available in Shrewsbury, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Shrewsbury real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shrewsbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shrewsbury, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Shrewsbury in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Shrewsbury, MO
How long does it take to sell a home in Shrewsbury, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | +3.5% |
Summary: Homes in Shrewsbury had an average of 17 days on market in Nov 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shrewsbury are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Shrewsbury; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.