Shrewsbury, MA Home Values & Market Trends

Real estate market trends reflect that there have been 492 transactions over the past year in Shrewsbury. The median value for residential home transactions that occurred over the previous year is $663,083.38. The number of current listings in Shrewsbury is 23, and the percentage of properties for sale in the city is 23.00%. Shrewsbury, MA currently has 8 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 23 properties for sale.

Shrewsbury, MA Real Estate Market Overview

ZipMedian Est. Value
01545

$ 575,000

$ 309/sqft

Housing Market Summary for Shrewsbury, MA

Sep 2023August 2024Change
Median Listing Price$559.9K$554.8K-0.92%
Median Sold Price$580.7K$683.5K17.71%
Homes For Sale2626-
Homes Sold256241-5.86%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Shrewsbury, MA

Shrewsbury home values range from $115,000 to $4,343,408. The median estimated value of a home in Shrewsbury is $663,083.38. The median list price of a home is 499,900, and the total count of properties in the city is 11,621.

Foreclosure
There is 1 zips within Shrewsbury, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $1,061,280 in 01545 to the lowest value of $444,959 in 01545. Foreclosure homes account for 0.00% of properties in Shrewsbury, MA with 01545 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Shrewsbury, MA with 01545 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Shrewsbury, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,061,280 in 01545 to the lowest home value of $444,959 in 01545.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Shrewsbury, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Shrewsbury, MA. There is 1 zips within Shrewsbury, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01545 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Shrewsbury, MA. Auction homes and other auction properties account for 0.02% of all properties in Shrewsbury, MA. There is 1 zips within Shrewsbury, MA; of that zips, the median estimated home value for homes going to auction ranges from $556,180 in 01545 to the lowest value of $541,900 in 01545.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Shrewsbury, MA with 01545 containing 23 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Shrewsbury, MA; homes for sale in that zips, have a range of median values from $1,726,700 in 01545 to the lowest value of $230,000 in 01545.
    Sold Homes
    The median value for recently sold homes ranges from $1,705,434 in 01545 to the lowest price of $130,182 in 01545. There is 1 zips within Shrewsbury, MA. 01545 has 257 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.21% of properties in Shrewsbury, MA.

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      Guide for Shrewsbury, MA

      Massachusetts
      Worcester Real Estate Climbs Steadily Amid Neighboring Cities’ Market Surge in May 2024
      Market Reports
      Worcester Real Estate Values Climb Amidst Slowing Sales in Spring 2024
      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Illinois
      Chicago Pre-Foreclosure Properties Fall 19 Percent in August 2024
      See More Articles
      Worcester Real Estate Climbs Steadily Amid Neighboring Cities’ Market Surge in May 2024
      Massachusetts|posted 17 June 2024

      Worcester, MA real estate trends show steady growth with avg. property value reaching $340k in May this year.

      Worcester Real Estate Values Climb Amidst Slowing Sales in Spring 2024
      Market Reports|posted 5 June 2024

      Real estate trends in Worcester, MA show rising property values and sale prices per sq ft despite a slight decrease in sale volume.

      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Chicago Pre-Foreclosure Properties Fall 19 Percent in August 2024
      Illinois|posted 12 September 2024

      In August 2024, Chicago saw a significant 19% decrease in pre-foreclosures from July, and a 42% drop year-over-year.

      Recently Listed Homes Shrewsbury, MA

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