
Home Price Key
These days, finding an affordable place to live in the Shannondale area can be challenging. Home prices in Shannondale are now at a median cost of $43,856, lower than the Arkansas average of $160,541.
The average cost of rent is $439/mo in Shannondale, primarily driven by the current value of real estate in the Shannondale area. While nearly 55.47% of residents own their homes outright in Shannondale, 52.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shannondale is $1,793 per month. Households that rent pay about 24.47% of their income on rent here. Shannondale's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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- Brickeys, AR: higher priced homes
- Pinckney, AR: higher priced homes
- Horseshoe Lake, AR: higher priced homes
- Commerce, MS: higher priced homes
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Cities with Similar Populations
- Dot Lake, AK: higher priced homes
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- Elgin, KS: equally priced homes
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- East Brook, VA: higher priced homes
- Texas, GA: higher priced homes
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