Is Shrewsbury Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shrewsbury Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shrewsbury Township was a Seller's Market.

Key Takeaway

Shrewsbury Township 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 Township, PA

How much do homes in Shrewsbury Township, 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 Township have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Shrewsbury Township 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

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $115K$240K
+108.7%
3 $285K$309.8K
+8.7%
4 $372.5K$360K
-3.4%
5+ $514.9K$570K
+10.7%

Summary: Shrewsbury Township 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
+2.4%
Shrewsbury Township
+2.4%

Housing Supply in Shrewsbury Township, PA

How many homes are available in Shrewsbury Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Shrewsbury Township 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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 33
0.0%
5+ 45
+25.0%

Summary: The Shrewsbury Township 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 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shrewsbury Township, 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 Township 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 Township, PA

How long does it take to sell a home in Shrewsbury Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days5 Days-32.5%

Summary: Homes in Shrewsbury Township 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shrewsbury Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Shrewsbury Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Shrewsbury Township, PA

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