$5,225 Closing Credit*
$440,000
2,448 SqFt
5 Beds
•2 Full Baths, 1 Partial
Jennifer Clemens, Listing Office: Iron Valley Real Estate of York County
Is Shrewsbury, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shrewsbury was a Seller's Market.
Key Takeaway
Shrewsbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shrewsbury, PA
How much do homes in Shrewsbury, PA cost?
Median Sold Price
$334,888
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,488(+2.0%)
Key Takeaway
Homes in Shrewsbury have sold for 2% more than they did a year ago.
Summary: The median home sold price in Shrewsbury was $334,888 in October 2024, up 2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $240K | +108.7% |
| 3 Bedrooms | $290K | $304.5K | +5.0% |
| 4 Bedrooms | $373.7K | $350K | -6.3% |
| 5+ Bedrooms | $550K | $479.9K | -12.7% |
Summary: Shrewsbury housing prices by bedroom type for October 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 5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury Township | $330K | $345K | +4.5% |
| Shrewsbury | $328.4K | $334.8K | +2.0% |
| Hopewell Township | $366K | $352.5K | -3.7% |
Housing Supply in Shrewsbury, PA
How many homes are available in Shrewsbury, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Shrewsbury real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Shrewsbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Shrewsbury in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 6 Days | -40.0% |
Summary: Homes in Shrewsbury had an average of 6 days on market in Oct 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 October 2024, 1 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.
