Shrewsbury, PA—17361
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shrewsbury, PA
As of Oct '25, the median home price in Shrewsbury, PA is $349,000, with a year-over-year change of 3.6%. This indicates that home prices in Shrewsbury, PA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $349,000 | 3.6% |
| Single Family | $347,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $240,000 | 6.7% |
3 Bed | $318,000 | 3.2% |
4 Bed | $446,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shrewsbury, PA
As of July '25, Rentcast reports the average rent in Shrewsbury, PA is $2,000, with a year-over-year rent change of 30.7%. Per bedroom, the median rent as of July '25 in Shrewsbury, PA is 1-bedrooms: $940, 2-bedrooms: $1,050, 3-bedrooms: $1,990. The most common rental property sizes in Shrewsbury, PA are 2-bedroom and 1-bedroom, accounting for 44.3% and 22.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $940 | $940 |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | $2,100 | $1,990 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shrewsbury, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shrewsbury, PA is 36. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $541,000 | 24.0% |
Listing Count | 16 | -32.0% |
| Listings as % of Homes | 0.4% | -32.0% |
Days on Market | 36 | -34.0% |
Demographics — Shrewsbury, PA
As of the latest ACS Survey released in 2023, Shrewsbury, PA has a population of 6,260, which has decreased by -3.8% over the past 5 years. Shrewsbury, PA is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 39.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,260 | -3.8% |
% Under 18 | 17.8% | -14.0% |
% Seniors | 29.2% | 40.4% |
% WFH | 15.4% | 156.7% |
% w/ College Degree | 39.7% | 33.7% |
As of the latest ACS Survey released in 2023, Shrewsbury, PA is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Shrewsbury, PA is black, making up 4.3% of the population. Foreign-born residents account for 0.7% of the population in Shrewsbury, PA, and this percentage has decreased by 63.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.5% | -6.6% |
% Black | 4.3% | -21.8% |
% Hispanic | 3.7% | 23.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -63.2% |
Mortgage and Risk — Shrewsbury, PA
Shrewsbury, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Shrewsbury, PA
Shrewsbury, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $940 | $1,040 |
| 2 Bedroom | $300 | $1,000 | $1,300 |
| 3 Bedroom | -$340 | $2,100 | $1,760 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Shrewsbury, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $349,000 |
| Median Household Income | $100,000 |