Home Values

Shrewsbury Township Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$200,400

  • 1.3% 1-year change
  • 1.3% 1-year forecast

The median home value in Shrewsbury Township is $200,400. Shrewsbury Township home values have gone up 1.3% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Shrewsbury Township is $133, which is higher than the York Metro average of $108. The median price of homes currently listed in Shrewsbury Township is $285,000 while the median price of homes that sold is $200,769. The median rent price in Shrewsbury Township is $1,150, which is higher than the York Metro median of $845.

Foreclosures will be a factor impacting home values in the next several years. In Shrewsbury Township 12.7 homes are foreclosed (per 10,000). This is greater than the York Metro value of 9.1 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Shrewsbury Township is 1.9%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Shrewsbury Township homeowners underwater on their mortgage is 19.3%, which is lower than York Metro at 20.3%.

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Relative ZHVI
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Shrewsbury Township Market Overview

Data through Nov 30, 2014
  • $200,400 ZHVI
  • 1.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $285,000 Median listing price
  • $200,769 Median sale price (Sep 30, 2014)
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Shrewsbury Township Market Health

Data through Nov 30, 2014
  • 1.9/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 19.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

12.7 homes Shrewsbury Township
9.1 homes York Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Parkton $405,400
Freeland $363,800
Hopewell Township $220,100
Name Median ZHVI
New Freedom $211,700
Springfield Township $207,000
North Hopewell Township $196,400
Name Median ZHVI
Codorus Township $193,500
Stewartstown $156,200
Glen Rock $146,600

Listings & Sales

Data through Nov 30, 2014
  • $133 Median list price / sq ft
  • $121 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
26.7%
Sold below listing
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Shrewsbury Township Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,440 Shrewsbury Township
    $1,239 York Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,150 Rent list price (Oct 31, 2014)
  • $0.86 Rent list price / sq ft (Oct 31, 2014)
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