Call or Text (240) SELL-123

SHREWSBURY, NJ 07702

Real Estate Market Report  ·  Monmouth County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
3
60% pending ratio
Median Price
$1,320,000
⇧ 25.9% vs $1,048,750 last year
Average Price
$1,320,000
⇧ 5.5% vs $1,251,366 last year
Days on Market
72
⇧ 24.1% vs 58 days last year

Market Context

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

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

Market Analysis

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

The SHREWSBURY, NJ real estate market (07702) currently shows 5 active listings, with 3 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 58 days last year.

The median listing price has risen 25.9% year-over-year, from $1,048,750 to $1,320,000.

Whether you are buying or selling in SHREWSBURY, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SHREWSBURY, NJ 07702 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 72 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $1,320,000 (+25.9% YoY)
  • Average: $1,320,000 (+5.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 549 listings ($760,946,521 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07702Shrewsbury, NJ 077020.0 mi5$6,600,000$1,320,000$1,320,000
07724Eatontown, NJ 077242.0 mi66$74,244,522$879,500$1,124,917
07701Red Bank, NJ 077012.6 mi56$52,500,112$599,000$937,502
07764West Long Branch, NJ 077643.3 mi32$53,335,872$1,424,000$1,666,746
07750Monmouth Beach, NJ 077504.0 mi20$31,818,560$662,500$1,590,928
07760Rumson, NJ 077604.3 mi31$121,739,666$2,999,999$3,927,086
07712Asbury Park, NJ 077125.3 mi125$162,368,375$834,500$1,298,947
07748Middletown, NJ 077485.7 mi44$37,781,216$774,500$858,664
07723Deal, NJ 077236.0 mi9$47,230,758$4,349,950$5,247,862
07711Allenhurst, NJ 077116.6 mi11$38,223,427$2,999,000$3,474,857
07733Holmdel, NJ 077336.9 mi29$53,894,151$1,649,500$1,858,419
07753Neptune, NJ 077537.8 mi104$60,052,512$585,000$577,428
07756Ocean Grove, NJ 077568.3 mi17$21,157,350$949,450$1,244,550

Frequently Asked Questions

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

As of January 2026, there are 5 active listings in SHREWSBURY, NJ (zip code 07702), compared to 10 the prior year.

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

The median listing price in SHREWSBURY, NJ 07702 is $1,320,000 as of January 2026, a 25.9% increase from $1,048,750 the prior year.

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

Homes in SHREWSBURY, NJ 07702 spend an average of 72 days on the market before going under contract, compared to 58 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 January 2026, SHREWSBURY, NJ 07702 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 58 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 $26,400 compared to a typical 5% commission on the median listing price of $1,320,000. 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.