Living in Shannon, GA
Shannon, GA, is a quaint community that seamlessly blends a peaceful rural lifestyle with convenient access to modern amenities. It boasts beautiful landscapes, friendly residents, and proximity to larger cities like Rome. Ideal for families and nature lovers, Shannon offers numerous outdoor recreational activities, creating a great place to call home.
Current Market Conditions in Shannon, GA
The real estate market in Shannon, GA, has seen steady growth over the past year. Home prices have appreciated moderately, reflecting the increasing demand for housing in this charming community. The welcoming environment and picturesque setting have attracted both families and retirees, contributing to a stable market.
There is a variety of homes available, from affordable starter homes to larger properties, appealing to different buyer needs. This diversity, combined with Shannon's desirable lifestyle, indicates a robust market with room for future growth.
Home Value Estimator For Shannon, GA
There are currently 21 real estate properties
in Shannon, GA,
with a median automated valuation model (AVM) price
of $171,441.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shannon, GA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Shannon, GA,
is $158,300.00, with the most expensive house
in Shannon, GA, topping out
at $310,521.00 and the cheapest home
in Shannon, GA,
clocking in at $17,640.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shannon, GA!
Rent Prices
In Shannon, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shannon, GA, is on
a rollercoaster ride. The
average rent price in Shannon, GA,
is $889.00. Indeed, when looking to rent in
Shannon, GA, you can expect to pay as little
as $640.00 or as much
as $1,690.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Shannon, GA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
