Housing Prices in Shrewsbury, NJ

How much do homes in Shrewsbury, NJ cost?

Median List Price

$839,900

$370/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$112,950(+15.5%)

Key Takeaway

The list price of homes in Shrewsbury has increased by 15.5% since last year.

Summary: The median home list price in Shrewsbury was $839,900 in April 2024, up 15.5% from the previous year, and the median price per square foot was $370.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $733.5K$740K
+0.9%
3 $667.5K$775K
+16.1%
4 $849.2K$839.9K
-1.1%
5+ $1.7M$1.5M
-8.9%

Summary: Shrewsbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 8.9%.

Median List Price Compared To Nearby Cities

Shrewsbury
+15.5%
Fort Monmouth
+7.7%
Eatontown
+6.4%
Oceanport
+2.7%
Little Silver
-1.2%

Housing Supply in Shrewsbury, NJ

How many homes are available in Shrewsbury, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Shrewsbury real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 42
-50.0%
4 11
0.0%
5+ 11
0.0%

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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Shrewsbury, NJ

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

Average Listing Age

Apr 2023Apr 2024CHANGE
77 Days34 Days-55.8%

Summary: Homes in Shrewsbury had an average listing age of 34 days in Apr 2024, down by 55.8% compared to the previous year.

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

Report Updated 3 Days Ago

Newest Listings in Shrewsbury, NJ

Nearby Markets to Shrewsbury, NJ

What housing markets are near Shrewsbury, NJ?