Shannon City, IA is an affordable place to live with a median house value of $58,800. This is much lower than the US housing median value of $338,100. In the past year, the US housing market has appreciated 8.27%, but in Shannon City, IA it has appreciated even more at 11.61%. This makes Shannon City a great option for those looking for a relatively inexpensive place to call home that offers potential appreciation.
The median home cost in Shannon City is $58,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Shannon City is up 15.1%.
Average Age of Homes
- The median age of Shannon City real estate is 78 years old
The Rental Market in Shannon City
- Renters make up 24.0% of the Shannon City population
- 0.0% of houses and apartments in Shannon City, 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.