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Featured local agent — Shannon Hills, AR
Sarah Mitchell
Compass Real Estate · Shannon Hills, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shannon Hills, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$229,900median sale price
How is the Shannon Hills, AR housing market right now?
The median home sale price in Shannon Hills, AR is $229,900, up 6.9% year-over-year. Homes sell in an average of 16 days with 13 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shannon Hills a buyer's or seller's market?
Shannon Hills, AR is currently a balanced market, based on 4.3 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
16
Fast-moving
Active listings
13
4.3 months supply
Sale-to-list
98.7%
Below asking
What does the Shannon Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $229,900 |
| Median list price | $219,450 |
| Year-over-year price change | +6.9% |
| Average days on market | 16 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $132/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 8 |
| Listings with a price cut | 23.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Shannon Hills by property type?
How the Shannon Hills, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,900 | $132/sq ft | 3 | 16 days |
Source: Redfin · Updated monthly
The Shannon Hills housing market is currently classified as a balanced market with a median sale price of $229,900. Prices have risen 6.9% compared to last year, with homes spending an average of 16 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Shannon Hills
There are currently 13 homes listed for sale in Shannon Hills, Arkansas. The median listing price is $219K.
Active listings
13
Homes on market
Median list price
$219K
Avg. days on market
16
Days until sale
New this week
8
Newly listed
Who lives in Shannon Hills?
Population
4,557
Median income
$69,413/yr
Median age
37.5 years
Owner-occupied
84.5%
College grads
14.1%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Shannon Hills?
Zillow home value
$197,246
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Shannon Hills?
Shannon Hills is a community of approximately 5K residents with a median age of 37.5 years.The median household income is $69,413, which represents a working-class community with solid middle-income opportunities. 14.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shannon Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Shannon Hills, AR?
Want a head-to-head view? Compare Shannon Hills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Shannon Hills?
The median home sale price in Shannon Hills is $229,900, up 6.9% from last year.
How long do homes stay on market in Shannon Hills?
Homes typically spend 16 days on market before going under contract.
What is the median income in Shannon Hills?
The median household income is $69,413 per year.
Is Shannon Hills a buyer's or seller's market?
With 4.3 months of supply, Shannon Hills is currently a balanced market.
What is the Zillow home value estimate for Shannon Hills?
The Zillow Home Value Index (ZHVI) for Shannon Hills is $197,246, representing the typical home value in the area.
How much does a single-family home cost in Shannon Hills?
The median single-family home price in Shannon Hills, AR is $229,900 (about $132 per square foot).
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