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Shrewsbury, NJ Housing Market
$1,019,517
11.5% 1-yrThe average Shrewsbury, NJ home value is $1,019,517, up 11.5% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Shrewsbury Key Takeaways
Typical Home Values: $1,019,517
1-Year Value Change: +11.5%
(Data through September 30, 2026)
Shrewsbury Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Shrewsbury
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Shrewsbury Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Shrewsbury, NJ?
The median home value in Shrewsbury, NJ is $1,019,517 as of September 2026. This represents a 1.4% increase compared to last month and a 11.5% increase year-over-year.
How have home values changed in Shrewsbury, NJ?
Home values in Shrewsbury, NJ have increased by 1.4% month-over-month and 11.5% year-over-year.
How do home values in Shrewsbury, NJ compare to Monmouth County, New Jersey, and the national average?
The median home value in Shrewsbury, NJ ($1,019,517) compares to: Monmouth County ($786,951), New Jersey ($575,123), and the U.S. national median ($366,157).