Real Estate Market Update for Shrewsbury, MA
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 45% from one year earlier, and down 28% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 460-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 23%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold increased 2% year-over-year, and increased 13% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Shrewsbury, MA
Area Information for Shrewsbury, MA
  • Population: 36,305
  • Median Age: 41.56 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,751/sq mi
  • Population Change Since 2000: 14.54%
  • Closest Airport: Theodore Francis Green State
  • Closest College: University Of Massachusetts-medical Schl
  • Closest Jr. College: Quinsigamond Community College
  • Median Household Income: $91,238
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $325,000
  • Closest Major Sports Team: New England Patriots
  • Change Avg. Household Income Since 2000: 37.59%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Shrewsbury, MA
Median Age: 41.56 Married: 48% Number of Households: 13,734 Households with Children: 5,215
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Shrewsbury, MA

      School Name Distance Type Grades School Rating Parent Rating
      Walter J Paton 0.5 mi Public 1-4 5 0
      Sherwood Middle School 0.5 mi Public 5-6 0 0
      Lilliput Early Childhood Center 0.7 mi Private PRESCHOOL-2 0 0
      Beal School 0.7 mi Public K-K 0 0
      St Mary Elementary School 0.7 mi Catholic PRESCHOOL-8 0 0
      Oak Middle School 0.7 mi Public 7-8 5 0
      Shrewsbury Montessori School 0.8 mi Private PRESCHOOL-6 0 0
      St John's High School 0.9 mi Private 9-12 0 5
      Floral Street School 1.2 mi Public 1-4 5 0
      Spring Street Elementary School 1.4 mi Public K-4 5 0
      Kinder Care Learning Center 1.7 mi Private PRESCHOOL-K 0 0
      Al-hamra Academy 1.9 mi Private PRESCHOOL-8 0 0
      Parker Road Preschool 1.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Shrewsbury Sr High School 2.0 mi Public 9-12 5 4
      Shrewsbury Childrens Center 2.0 mi Private PRESCHOOL-K 0 0
      Calvin Coolidge 2.3 mi Public K-4 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Shrewsbury, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.