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 28 Days Ago

Newest Listings in Shrewsbury, NJ

Nearby Markets to Shrewsbury, NJ

What housing markets are near Shrewsbury, NJ?