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Foreclosure Homes in Shannon, MS

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Shannon, MS Foreclosures

Current Market Conditions in in Shannon, MS As of June 2026?
Home values: +1.81% MoM; rent: +0.00% MoM.
How much do homes sell for in Shannon, MS?
The average home price is currently $166,721.
In Shannon, MS, how many homes are available?
There are currently 18 active home listings available in Shannon.
What’s the average rental cost in Shannon, MS?
The average rental price in Shannon is $1,046.
What is the most expensive home in Shannon?
The most expensive home sold in Shannon had a price of $918,402.
What is currently the cheapest priced home in Shannon, MS?
The cheapest home for sale in Shannon is priced at $10,800.

Living in Shannon, MS

Shannon, Mississippi is a small Lee County community south of Tupelo, offering affordable housing options, rural character, and convenient access to regional jobs, healthcare, shopping, and transportation routes.

Buyer vs Seller Market in Shannon, MS

Median home value: $146,000 as of 2026-05-14.

Median rent: $1,000 as of 2026-05-14.

Home values: +1.81% MoM, +2.71% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Shannon, MS

There are currently 1,551 real estate properties in Shannon, MS, with a median automated valuation model (AVM) price of $146,000.00. 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, MS, 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, MS, is $166,721.00, with the most expensive house in Shannon, MS, topping out at $918,402.00 and the cheapest home in Shannon, MS, clocking in at $10,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Shannon, MS!

Rent Prices In Shannon, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shannon, MS, is on a rollercoaster ride. The average rent price in Shannon, MS, is $1,046.00. Indeed, when looking to rent in Shannon, MS, you can expect to pay as little as $600.00 or as much as $2,140.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Shannon, MS -- 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.

Shannon, MS Foreclosures

Market Trend for Shannon, MS

Total Listings Available: 18

Market Values:

Home Prices from $10,800 to $918,402

Average Sales Price: $166,721

Rental Values:

Rental from $600 to $2,140

Average Rent Value: $1,046 / month

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