$3,717 Closing Credit*
$312,990
1,764 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brent McDowell, Listing Office: Berks Homes Realty, LLC
Is Shrewsbury, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shrewsbury was a Seller's Market.
Key Takeaway
Shrewsbury is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shrewsbury, PA
How much do homes in Shrewsbury, PA cost?
Median Sold Price
$336,250
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,850(+2.4%)
Key Takeaway
Homes in Shrewsbury have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Shrewsbury was $336,250 in November 2024, up 2.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $240K | +108.7% |
| 3 Bedrooms | $285K | $309.8K | +8.7% |
| 4 Bedrooms | $372.5K | $360K | -3.4% |
| 5+ Bedrooms | $514.9K | $570K | +10.7% |
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 108.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury Township | $329.9K | $350K | +6.1% |
| Shrewsbury | $328.4K | $336.2K | +2.4% |
| Hopewell Township | $367K | $358K | -2.5% |
Housing Supply in Shrewsbury, PA
How many homes are available in Shrewsbury, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Shrewsbury real estate market had 13 homes for sale in November 2024, a 8.3% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shrewsbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Shrewsbury in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Shrewsbury, PA
How long does it take to sell a home in Shrewsbury, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 5 Days | -32.5% |
Summary: Homes in Shrewsbury had an average of 5 days on market in Nov 2024, down by 32.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were 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, 2 homes were sold in Shrewsbury; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
