Home prices
The median home value in Shannon is $85,100. Compared to its nearby areas it is about $5,860 (6%) lower.In comparison to the United States as a whole it is roughly $132,400 (60%) lower, and compared to the city of Florence it is about $57,300 (40%) lower.
Rents
In Shannon the median monthly rent is $502. This is approximately $168 (25%) lower compared to other places in this area.Compared to the entire nation it is approximately $560 (52%) lower, and is roughly $141 (21%) lower compared to the city of Florence.
Nearby places
Nettleton
Nettleton is about 4 miles southeast from Shannon. Its real estate prices are a bit less expensive. The median home in Nettleton costs $69,700, which is $15,400 (22%) lower than Shannon. Its rents are a bit more expensive. The median monthly rent in Nettleton is $624, which comes out to $122 (19%) higher than Shannon.
Verona
Verona is approximately 5 miles north from Shannon. The housing prices there are a little less expensive. The median home in Verona is valued at $75,100, which comes out to $10,000 (13%) lower than Shannon. Rent there is a little more expensive. The median rent in Verona is $667 a month, which works out to $165 (24%) higher than Shannon.
Plantersville
Plantersville is about 7 miles north of Shannon. Its real estate prices are a little more expensive. Plantersville's median home price is $97,000, which is $11,900 (12%) higher than Shannon. The rent there is a bit more expensive. In Plantersville the median rent is $702 per month, which comes out to $200 (28%) higher than Shannon.
Okolona
Okolona is approximately 8 miles south from Shannon. Housing prices there are a bit less expensive. The median home in Okolona is valued at $67,600, which comes out to $17,500 (25%) lower than Shannon. Rent there is a bit more expensive. Okolona's median monthly rent is $565, which comes out to $63 (11%) higher than Shannon.
Tupelo
Tupelo is approximately 11 miles north from Shannon. The real estate prices there are significantly more expensive. The median home value in Tupelo is $145,400, which works out to $60,300 (41%) higher than Shannon. Rents there are substantially more expensive. Tupelo's median rent is $790 a month, which works out to $288 (36%) higher than Shannon.
