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

$203,000

  • 2.1% 1-year change
  • 2.2% 1-year forecast

The median home value in Shrewsbury Township is $203,000. Shrewsbury Township home values have gone up 2.1% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in Shrewsbury Township is $135, which is higher than the York Metro average of $108. The median price of homes currently listed in Shrewsbury Township is $282,483 while the median price of homes that sold is $215,385. The median rent price in Shrewsbury Township is $1,095, which is higher than the York Metro median of $850.

Foreclosures will be a factor impacting home values in the next several years. In Shrewsbury Township 3.5 homes are foreclosed (per 10,000). This is lower than the York Metro value of 6.8 and also lower than the national value of 4.0

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 1.3%, which is lower than the national value of 6.9%. 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 20.5%, which is lower than York Metro at 22.2%.

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Relative ZHVI
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Shrewsbury Township Market Overview

Data through Sep 30, 2014
  • $203,000 ZHVI
  • 2.2% 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
    (Sep 30, 2015)
  • $282,483 Median listing price
  • $215,385 Median sale price
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Shrewsbury Township Market Health

Data through Sep 30, 2014
  • 2.6/10 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
  • 20.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes Shrewsbury Township
6.8 homes York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Parkton $404,600
Freeland $365,900
Hopewell Township $223,900
Name Median ZHVI
New Freedom $213,800
Springfield Township $209,900
North Hopewell Township $198,000
Name Median ZHVI
Codorus Township $195,200
Stewartstown $159,000
Glen Rock $149,400

Listings & Sales

Data through Sep 30, 2014
  • $135 Median list price / sq ft
  • $123 Median sale price / sq ft
  • 29.1% Listings with price cut
31.0%
Sold below listing
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Shrewsbury Township Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,521 Shrewsbury Township
    $1,245 York Metro
    $1,335 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)
  • $1,095 Rent list price
  • $0.70 Rent list price / sq ft
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