Housing in Shannon, NC is considerably more affordable than the US average. The median value for a home in Shannon is $118,700 while the median value across the US is $338,100. Furthermore, the 1 year appreciation of homes in Shannon was 16.91%, nearly double that of the national rate of 8.27%. This makes housing in Shannon a compelling option to prospective buyers looking for an affordable place to call home.
The median home cost in Shannon is $118,700. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Shannon is up 19.9%.
Average Age of Homes
- The median age of Shannon real estate is 40 years old
The Rental Market in Shannon
- Renters make up 23.3% of the Shannon population
- 0.0% of houses and apartments in Shannon, 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.