Shannon Hills, AR Foreclosures
Current Market Conditions in in Shannon Hills, AR As of February 2026?
Over the past month, Shannon Hills has experienced a slight uptick in home sales, signaling a recovery from the seasonal slowdown typically seen in late summer. The number of active listings has increased, providing buyers with more options while still maintaining competitive prices. It appears that local buyers are taking advantage of low mortgage rates, leading to a more vibrant market environment this October.
How much do homes sell for in Shannon Hills, AR?
The average home price is currently $119,639.
In Shannon Hills, AR, how many homes are available?
There are currently 1 active home listings available in Shannon Hills.
What’s the average rental cost in Shannon Hills, AR?
The average rental price in Shannon Hills is $988.
What is the most expensive home in Shannon Hills?
The most expensive home sold in Shannon Hills had a price of $827,312.
What is currently the cheapest priced home in Shannon Hills, AR?
The cheapest home for sale in Shannon Hills is priced at $10,154.
Living in Shannon Hills, AR
Shannon Hills is a welcoming suburban community located just south of Little Rock, Arkansas. The neighborhood boasts a family-friendly atmosphere with access to various parks and recreational activities. Residents appreciate the quiet lifestyle while still being close to the amenities and attractions of the larger city.
Buyer vs Seller Market in Shannon Hills, AR
The real estate market in Shannon Hills has shown steady growth over the past few years, driven by the demand for affordable housing in proximity to Little Rock. Buyers are increasingly attracted to the suburb's small-town feel combined with easy access to urban amenities. The trend of remote work has also encouraged families to seek homes in quieter neighborhoods like Shannon Hills.
As of late 2023, there is a noticeable increase in new residential developments, reflecting an influx of families and young professionals moving to the area. With competitive pricing and diverse housing options, Shannon Hills is becoming an attractive destination for homebuyers.
Home Value Estimator For Shannon Hills, AR
There are currently 808 real estate properties
in Shannon Hills, AR,
with a median automated valuation model (AVM) price
of $104,000.00. 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 Hills, AR, 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 Hills, AR,
is $119,639.00, with the most expensive house
in Shannon Hills, AR, topping out
at $827,312.00 and the cheapest home
in Shannon Hills, AR,
clocking in at $10,154.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shannon Hills, AR!
Rent Prices
In Shannon Hills, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shannon Hills, AR, is on
a rollercoaster ride. The
average rent price in Shannon Hills, AR,
is $988.00. Indeed, when looking to rent in
Shannon Hills, AR, you can expect to pay as little
as $480.00 or as much
as $2,050.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Shannon Hills, AR
-- 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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