Market Overview
Home Prices in Shrewsbury, PA
The median home value in Shrewsbury, PA is $361,377 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shrewsbury are priced12% below average. Shrewsbury is part of the York-Hanover, PA metro area.
Price History
Shrewsbury Home Price Trend
2024
$341,325
$341K
—
2025
$353,957
$354K
+3.7%
2026
$361,377
$361K
+2.1%
City Comparison
Shrewsbury vs. National Median
🏠 Shrewsbury
$361,377
National Median
$410,000
At $361,377, homes in Shrewsbury cost 12% below the national median of $410,000. This makes Shrewsbury a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shrewsbury?
20% Down Payment
$72,275
on $361,377
Monthly P&I
$1,885/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,394/mo
incl. taxes & insurance
Income Needed
$95,760
gross annual (30% rule)
10% Down Option
$36,138
+ PMI applies
Loan Amount (20% dn)
$289,102
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shrewsbury, PA?
The median home value in Shrewsbury is $361,377 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Shrewsbury?
Over the past year, home values in Shrewsbury have increased by 2.1%.
How much do I need to earn to buy a home in Shrewsbury?
To comfortably afford the median home price of $361,377 with a 20% down payment ($72,275) at today's rates (6.8%), you'd need a gross annual income of approximately $95,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Shrewsbury compare to the national average home price?
The national median home value is approximately $410,000. At $361,377, homes in Shrewsbury are 12% below the national average.
What metro area is Shrewsbury part of?
Shrewsbury is part of the York-Hanover, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.