Shannon, GA Foreclosures
How much do homes sell for in Shannon, GA?
The average home price is currently $159,849.
In Shannon, GA, how many homes are available?
There are currently 311 active home listings available in Shannon.
What’s the average rental cost in Shannon, GA?
The average rental price in Shannon is $889.
What is the most expensive home in Shannon?
The most expensive home sold in Shannon had a price of $310,842.
What is currently the cheapest priced home in Shannon, GA?
The cheapest home for sale in Shannon is priced at $17,640.
Living in Shannon, GA
Shannon, Georgia is a tranquil, family-friendly community with a warm atmosphere, ideal for those seeking a peaceful lifestyle. The town offers various outdoor activities, great schools, and close-knit neighborhoods. Its proximity to Rome and Atlanta enhances its appeal, providing the perfect blend of rural charm and urban convenience.
Current Market Conditions in Shannon, GA
The real estate market in Shannon, GA displays a stable environment, with consistent demand for homes in the area. Recent trends indicate a gradual increase in property values as more families are drawn to the appealing lifestyle and local amenities. The market has seen a healthy turnover of listings, making it a competitive but favorable situation for home sellers and buyers alike.
Investors and homebuyers are increasingly recognizing the potential of Shannon as an emerging market, particularly as the region develops and expands. With the ongoing improvements in infrastructure and community services, the likelihood of property value appreciation is high, making it a smart decision for long-term investment.
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 $170,730.00. 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 $159,849.00, with the most expensive house
in Shannon, GA, topping out
at $310,842.00 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.
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