Housing in 01545 Shrewsbury, MA is more expensive than the national average. The median value for housing in this area is $569,500 while the US median house value is $338,100. This indicates that housing in this area is significantly more expensive, and that property values have appreciated more quickly over the past year. In fact, houses in 01545 Shrewsbury, MA have seen an appreciation rate of 7.66%, which is slightly lower than the US average of 8.27%. Overall, this suggests that real estate in this area remains desirable and has seen strong growth despite being more costly than other areas of the country.
The median home cost in Shrewsbury (zip 01545) is $569,500. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Shrewsbury (zip 01545) is up 14.0%.
Average Age of Homes
- The median age of Shrewsbury (zip 01545) real estate is 41 years old
The Rental Market in Shrewsbury (zip 01545)
- Renters make up 25.0% of the Shrewsbury (zip 01545) population
- 1.1% of houses and apartments in Shrewsbury (zip 01545), 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.