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Condo Foreclosures in Shannon, MS

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Shannon, MS Foreclosures

How much do homes sell for in Shannon, MS?
The average home price is currently $162,614.
What’s the average rental cost in Shannon, MS?
The average rental price in Shannon is $1,045.
What is the most expensive home in Shannon?
The most expensive home sold in Shannon had a price of $1,050,646.
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, MS is a quiet residential community with a charming small-town atmosphere. This town offers a mix of beautiful natural settings, local parks, and essential amenities that make it an ideal spot for families. Residents can enjoy the slower pace of life, alongside community events that bring neighbors together.

Current Market Conditions in Shannon, MS

The real estate market in Shannon, MS has remained stable over the past few months, with a slight increase in property values. The affordability of homes coupled with the town's appeal to first-time buyers and retirees has led to a steady demand. Properties are typically selling within a reasonable timeframe, making it a good opportunity for sellers.

Home Value Estimator For Shannon, MS

There are currently 1,509 real estate properties in Shannon, MS, with a median automated valuation model (AVM) price of $139,010.00. 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 $162,614.00, with the most expensive house in Shannon, MS, topping out at $1,050,646.00 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 $1,045.00. 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 Condos


Market Trend for Shannon, MS

Total Listings Available: 0

Market Values:

Home Prices from $10,800 to $1,050,646

Average Sales Price: $162,614

Rental Values:

Rental from $600 to $2,140

Average Rent Value: $1,045 / month

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