Housing in Shrewsbury, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$835,000
Median List Price
$1,250,000
Price Per Sq Ft
$450
Days on Market
28
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$919,403
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
105.8%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$450
Median List $/SF
$521
Shrewsbury vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Shrewsbury is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$735,900
Median Rent
$3,300
Total Housing Units
1,526
Vacancy Rate
2.2%
Owner Occupied
84.1%
Renter Occupied
15.9%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,819
Housing Types
The current median sale price in Shrewsbury, NJ is $835,000 according to Redfin data. Homes spend a median of 28 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $450. The median rent is $3,300 per month (Census ACS). About 84.1% of housing units are owner-occupied. The median year homes were built is 1960. There are 1,526 total housing units.