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

Housing Market Conditions



Gauge showing Shrewsbury is a seller's market


Difference Since May 2023

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, MO

How much do homes in Shrewsbury, MO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Shrewsbury have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Shrewsbury was $276,000 in May 2024, up 8.2% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $215K$176K
2 $226.5K$250K
3 $310K$299K
4 $426.5K$380K
5+ $375K$575K

Summary: Shrewsbury housing prices by bedroom type for May 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 decreased by 3.5%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 53.3%.

Median Sold Price Compared To Nearby Cities

Webster Groves
Gravois Township
Jefferson Township

Housing Supply in Shrewsbury, MO

How many homes are available in Shrewsbury, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Shrewsbury real estate market had 21 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 812
3 67
4 01
5+ 11

Summary: The Shrewsbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 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. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Shrewsbury in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% 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

May 2023May 2024CHANGE
9 Days7 Days-26.3%

Summary: Homes in Shrewsbury had an average of 7 days on market in May 2024, down by 26.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was 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 May 2024, 10 homes were sold in Shrewsbury; 90% of homes were sold within 30 days, 10% 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 19 Days Ago

Newest Listings in Shrewsbury, MO

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