Shannon, MS Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Shannon, MS is $173,000, down 3.4% year-over-year. Homes sell in an average of 44 days with 3 active listings. The market is currently a seller's market.
$173,000median sale price
Is Shannon a buyer's or seller's market?
Shannon, MS is currently a seller's market, based on 1.0 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
44
Average pace
Active listings
3
1.0 months supply
Sale-to-list
—
Below asking
Shannon, MS market data
| Metric | Value |
|---|---|
| Median sale price | $173,000 |
| Median list price | $65,000 |
| Year-over-year price change | -3.4% |
| Average days on market | 44 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Shannon housing market is currently classified as a seller's market with a median sale price of $173,000. Prices have fallen 3.4% compared to last year, with homes spending an average of 44 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Shannon
There are currently 3 homes listed for sale in Shannon, Mississippi. The median listing price is $65K.
Active listings
3
Homes on market
Median list price
$65K
Avg. days on market
44
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Shannon?
The median home sale price in Shannon is $173,000, down 3.4% from last year.
How long do homes stay on market in Shannon?
Homes typically spend 44 days on market before going under contract.
Is Shannon a buyer's or seller's market?
With 1.0 months of supply, Shannon is currently a seller's market.
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