Is Shrewsbury, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Shrewsbury is a seller's market


Difference Since November 2022

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, MA

How much do homes in Shrewsbury, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Shrewsbury have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Shrewsbury was $583,500 in November 2023, up 10.1% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $198.9K$238K
2 $403K$435K
3 $500K$552K
4 $731K$789.5K
5+ $850K$850K

Summary: Shrewsbury housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Grafton

Housing Supply in Shrewsbury, MA

How many homes are available in Shrewsbury, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Shrewsbury real estate market had 92 homes for sale in November 2023, a 20.7% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 47
2 2421
3 3830
4 3625
5+ 149

Summary: The Shrewsbury housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shrewsbury, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Shrewsbury in November 2023, down by 18.2% month-over-month. Of the 36 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.

Days on Market for Shrewsbury, MA

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

Average Sale Time

Nov 2022Nov 2023CHANGE
19 Days17 Days-10.3%

Summary: Homes in Shrewsbury had an average of 17 days on market in Nov 2023, down by 10.3% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

5 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 are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 36 homes were sold in Shrewsbury; 86% of homes were sold within 30 days, 14% 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 7 Days Ago

Newest Listings in Shrewsbury, MA

Nearby Markets to Shrewsbury, MA

What housing markets are near Shrewsbury, MA?