Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shannon area can be challenging. Home prices in Shannon are now at a median cost of $149,086, lower than the Arkansas average of $160,541.
The average cost of rent is $1,095/mo in Shannon, primarily driven by the current value of real estate in the Shannon area. While nearly 52.13% of residents own their homes outright in Shannon, 11.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shannon is $6,378 per month. Households that rent pay about 17.16% of their income on rent here. Shannon's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Pocahontas, AR: less expensive homes
- East Pocahontas, AR: higher priced homes
- Lorine, AR: equally priced homes
- Noland, AR: equally priced homes
- Cedar Grove, AR: less expensive homes
- Fender, AR: less expensive homes
- College City, AR: less expensive homes
- Engelberg, AR: less expensive homes
- Black Rock, AR: less expensive homes
- Imboden, AR: less expensive homes
Cities with Similar Populations
- Cross Cut, TX: equally priced homes
- Deck, NY: less expensive homes
- Decatur, WA: higher priced homes
- DeBlois, ME: higher priced homes
- Darragh, PA: higher priced homes
- Cypress Lake Estates, FL: higher priced homes
- Curtis Mill, FL: higher priced homes
- Crossroads, IL: less expensive homes
- Crosses, AR: higher priced homes
- Texas City, IL: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood