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SHREWSBURY, NJ 07702

Real Estate Market Report  ·  Monmouth County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SHREWSBURY, NJ real estate market (07702) currently shows 12 active listings, with 7 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 29 days last year.

The median listing price has fallen 23.2% year-over-year, from $1,283,875 to $986,500.

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Market Context

Market Context

Population: 4,138  ·  Density: 739.5/mi²  ·  Median household income: $158,065

Typical home value: $699,386  ·  Homeownership: 86.5%

Market Overview

Active Listings
12
⇧ 100% vs 6 last year
Pending
7
58% pending ratio
Median Price
$986,500
⇩ 23.2% vs $1,283,875 last year
Average Price
$995,375
⇩ 25.6% vs $1,337,068 last year
Days on Market
38
⇧ 31% vs 29 days last year

Price Per Square Foot

Median $/sqft
$423
⇩ 1.9% vs $431/sqft last year
Median Home Size
2,332 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 6 last year
  • Days on market: 38 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $986,500 (-23.2% YoY)
  • Average: $995,375 (-25.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 595 listings ($878,189,005 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07702Shrewsbury, NJ 077020.0 mi5$6,722,500$1,344,500$1,344,500
07724Eatontown, NJ 077242.0 mi72$77,456,520$860,000$1,075,785
07701Red Bank, NJ 077012.6 mi55$49,505,390$466,725$900,098
07764West Long Branch, NJ 077643.3 mi33$56,993,739$1,380,500$1,727,083
07750Monmouth Beach, NJ 077504.0 mi25$55,448,625$1,575,000$2,217,945
07760Rumson, NJ 077604.3 mi45$174,545,415$2,972,500$3,878,787
07712Asbury Park, NJ 077125.3 mi124$159,799,420$969,000$1,288,705
07748Middletown, NJ 077485.7 mi51$36,147,933$645,000$708,783
07723Deal, NJ 077236.0 mi9$57,048,147$5,562,250$6,338,683
07711Allenhurst, NJ 077116.6 mi14$56,502,250$3,200,000$4,035,875
07733Holmdel, NJ 077336.9 mi32$61,142,016$1,508,249$1,910,688
07753Neptune, NJ 077537.8 mi116$68,636,968$559,950$591,698
07756Ocean Grove, NJ 077568.3 mi14$18,240,082$1,024,500$1,302,863

Frequently Asked Questions

How many homes are for sale in SHREWSBURY, NJ 07702?

As of September 2026, there are 12 active listings in SHREWSBURY, NJ (zip code 07702), compared to 6 the prior year.

What is the median home price in SHREWSBURY, NJ 07702?

The median listing price in SHREWSBURY, NJ 07702 is $986,500 as of September 2026, a 23.2% decrease from $1,283,875 the prior year.

How long do homes stay on the market in SHREWSBURY, NJ?

Homes in SHREWSBURY, NJ 07702 spend an average of 38 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in SHREWSBURY, NJ 07702?

Based on current inventory and days-on-market data as of September 2026, SHREWSBURY, NJ 07702 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 29 days last year.

How much can I save on real estate commission in SHREWSBURY, NJ?

With SELL123.com's maximum 3% commission, sellers in SHREWSBURY, NJ 07702 save an estimated $19,730 compared to a typical 5% commission on the median listing price of $986,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.