$4,156 Closing Credit*
$349,950
2,998 SqFt
3 Beds
•4 Full Baths, 1 Partial
Susan M Carbaugh, Listing Office: Long & Foster Real Estate, Inc.
Is Shrewsbury, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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, PA
How much do homes in Shrewsbury, PA cost?
Median Sold Price
$334,950
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$5,050(+1.5%)
Key Takeaway
Homes in Shrewsbury have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Shrewsbury was $334,950 in September 2024, up 1.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $240K | +108.7% |
| 3 Bedrooms | $295K | $309K | +4.7% |
| 4 Bedrooms | $374.9K | $350K | -6.6% |
| 5+ Bedrooms | $550K | $479.9K | -12.7% |
Summary: Shrewsbury housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 108.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury Township | $330K | $340K | +3.0% |
| Shrewsbury | $329.9K | $334.9K | +1.5% |
| Hopewell Township | $360K | $352.5K | -2.1% |
Housing Supply in Shrewsbury, PA
How many homes are available in Shrewsbury, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Summary: The Shrewsbury real estate market had 13 homes for sale in September 2024, a 35.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Shrewsbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shrewsbury, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Shrewsbury in September 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Shrewsbury, PA
How long does it take to sell a home in Shrewsbury, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 16 Days | +18.6% |
Summary: Homes in Shrewsbury had an average of 16 days on market in Sep 2024, up by 18.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shrewsbury are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Shrewsbury; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
