The housing market in Shrewsbury, WV is lower than the national average. The median value of a home in Shrewsbury is $82,400 versus the US median of $338,100. Despite this difference in house values, the appreciation rate for homes over the past year in Shrewsbury has actually been slightly higher than the national average at 8.38% compared to 8.27%. This indicates that people are investing and buying in the area despite its lower costs relative to other places around the country.
The median home cost in Shrewsbury is $82,400. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Shrewsbury is up 9.5%.
Average Age of Homes
- The median age of Shrewsbury real estate is 58 years old
The Rental Market in Shrewsbury
- Renters make up 23.6% of the Shrewsbury population
- 0.0% of houses and apartments in Shrewsbury, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.