Zip 28386 (Shannon, NC) Housing

The housing market in 28386 Shannon, NC has seen a significant appreciation over the past year. The median value of housing in this area is $101,700, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate has been 16.91%, much higher than the national rate of 8.27%. This means that people who have invested in the Shannon area are likely to see a return on their investment as local housing prices continue to rise.

The median home cost in Shannon (zip 28386) is $101,700. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Shannon (zip 28386) is up 19.9%.

Average Age of Homes

- The median age of Shannon (zip 28386) real estate is 29 years old

The Rental Market in Shannon (zip 28386)

- Renters make up 24.8% of the Shannon (zip 28386) population
- 0.1% of houses and apartments in Shannon (zip 28386), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Shannon, North Carolina	United States
	2,235.0	139,647,020.0
	34	42
	$101,700	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$11.38	$10.98
	$717	$2,690
	68.1%	57.4%
	12.6%	11.2%
	19.3%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	1.0%	0.4%
	0.0%	3.6%
	10.1%	4.1%
Value of Owner-Occupied Housing
	11.2%	2.6%
	28.1%	2.4%
	9.4%	2.8%
	18.3%	3.9%
	12.1%	4.5%
	11.2%	11.3%
	3.8%	13.0%
	3.0%	20.1%
	2.3%	13.6%
	0.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	24.3%	13.6%
	22.6%	13.2%
	19.2%	14.8%
	24.3%	13.6%
	6.7%	10.0%
	1.6%	4.7%
	1.4%	12.2%

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