Housing in Shannon, IL is currently valued at a median of $128,800. This is significantly lower than the national median of $338,100. However, the 1 year appreciation rate in Shannon is 7.18%, which is slightly below the US average of 8.27%. In general, housing prices in Shannon have been steadily increasing over the past year and provide attractive options for those looking to purchase a home in this area.
The median home cost in Shannon is $128,800. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Shannon is up 14.1%.
Average Age of Homes
- The median age of Shannon real estate is 57 years old
The Rental Market in Shannon
- Renters make up 17.9% of the Shannon population
- 4.7% 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.