Is Shrewsbury, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$277,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Shrewsbury was $277,000 in June 2024, up 8.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $176K | N/A |
2 Bedrooms | $228K | $247K | +8.3% |
3 Bedrooms | $326K | $310K | -4.9% |
4 Bedrooms | $378K | $469.5K | +24.2% |
5+ Bedrooms | $375K | $550K | +46.7% |
Summary: Shrewsbury housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 46.7%.
Median Sold Price Compared To Nearby Cities
Gravois Township | $250K | $281.5K | +12.6% |
Maplewood | $250K | $277.5K | +11.0% |
Webster Groves | $367.6K | $399.9K | +8.8% |
Shrewsbury | $255.4K | $277K | +8.4% |
Jefferson Township | $379.7K | $405K | +6.6% |
Housing Supply in Shrewsbury, MO
How many homes are available in Shrewsbury, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Shrewsbury real estate market had 21 homes for sale in June 2024, a 5.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shrewsbury housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Shrewsbury in June 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
21 Days | 12 Days | -40.0% |
Summary: Homes in Shrewsbury had an average of 12 days on market in Jun 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 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.