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 $167,300, lower than the Ohio average of $181,280.
The average cost of rent is $624/mo in Shannon, primarily driven by the current value of real estate in the Shannon area. While nearly 19.60% of residents own their homes outright in Shannon, 10.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shannon is $7,588 per month. Households that rent pay about 8.22% of their income on rent here. Shannon's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dresden, OH: less expensive homes
- Nashport, OH: equally priced homes
- Trinway, OH: higher priced homes
- Frazeysburg, OH: less expensive homes
- Ellis, OH: less expensive homes
- Wakatomika, OH: less expensive homes
- Perryton, OH: less expensive homes
- Cooperdale, OH: less expensive homes
- West Carlisle, OH: less expensive homes
- Dillon Falls, OH: less expensive homes
Cities with Similar Populations
- Iroquois Point, HI: higher priced homes
- Texola, TX: less expensive homes
- Teter, WV: equally priced homes
- Temple, LA: equally priced homes
- Tecolotito, NM: less expensive homes
- Sun Prairie, MT: equally priced homes
- Stricklett, KY: less expensive homes
- Stiritz, IL: less expensive homes
- Jester, OK: less expensive homes
- Jacobsville, MI: equally priced homes
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