Is Shrewsbury, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Shrewsbury has remained a Seller's Market.
Housing Prices in Shrewsbury, MO
How much do homes in Shrewsbury, MO cost?
Median Sold Price
$280,250
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shrewsbury was $280,250 in April 2024, up 14.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $176K | -18.1% |
2 Bedrooms | $226.5K | $250K | +10.4% |
3 Bedrooms | $290K | $294.5K | +1.6% |
4 Bedrooms | $378K | $426K | +12.7% |
5+ Bedrooms | $375K | $575K | +53.3% |
Summary: Shrewsbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 53.3%.
Median Sold Price Compared To Nearby Cities
Shrewsbury | $245K | $280.2K | +14.4% |
Gravois Township | $245.7K | $275K | +11.9% |
Webster Groves | $360K | $401K | +11.4% |
Jefferson Township | $370.9K | $407.8K | +10.0% |
Maplewood | $280.2K | $275K | -1.9% |
Housing Supply in Shrewsbury, MO
How many homes are available in Shrewsbury, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 17 | +112.5% |
Summary: The Shrewsbury real estate market had 17 homes for sale in April 2024, a 112.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 9 | +200.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Shrewsbury housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 133.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Shrewsbury in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 11 Days | -14.8% |
Summary: Homes in Shrewsbury had an average of 11 days on market in Apr 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Shrewsbury; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.