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Featured local agent — Shannon, GA
Sarah Mitchell
Compass Real Estate · Shannon, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shannon, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$120,000median sale price
How is the Shannon, GA housing market right now?
The median home sale price in Shannon, GA is $120,000, down 33.3% year-over-year. Homes sell in an average of 16 days with 7 active listings. The market is currently a buyer's 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 a buyer's or seller's market?
Shannon, GA is currently a buyer's market, based on 7.0 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
16
Fast-moving
Active listings
7
7.0 months supply
Sale-to-list
68.6%
Below asking
What does the Shannon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $120,000 |
| Median list price | $169,900 |
| Year-over-year price change | -33.3% |
| Average days on market | 16 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 68.6% |
| Median price per sq ft | $61/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 42.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Shannon by property type?
How the Shannon, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $120,000 | $61/sq ft | 1 | 16 days |
Source: Redfin · Updated monthly
The Shannon housing market is currently classified as a buyer's market with a median sale price of $120,000. Prices have fallen 33.3% compared to last year, with homes spending an average of 16 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Shannon
There are currently 7 homes listed for sale in Shannon, Georgia. The median listing price is $170K.
Active listings
7
Homes on market
Median list price
$170K
Avg. days on market
16
Days until sale
New this week
5
Newly listed
Who lives in Shannon?
Population
1,618
Median income
$71,605/yr
Median age
32.5 years
Owner-occupied
58.3%
College grads
22.1%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What is it like to live in Shannon?
Shannon is a community of approximately 2K residents with a median age of 32.5 years.The median household income is $71,605, which represents a working-class community with solid middle-income opportunities. 22.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.3%, showing a blend of owner and renter-occupied properties. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shannon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Shannon, GA?
Want a head-to-head view? Compare Shannon 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?
The median home sale price in Shannon is $120,000, down 33.3% from last year.
How long do homes stay on market in Shannon?
Homes typically spend 16 days on market before going under contract.
What is the median income in Shannon?
The median household income is $71,605 per year.
Is Shannon a buyer's or seller's market?
With 7.0 months of supply, Shannon is currently a buyer's market.
How much does a single-family home cost in Shannon?
The median single-family home price in Shannon, GA is $120,000 (about $61 per square foot).
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