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Foreclosure Homes in Shannon, MS

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Shannon, MS Foreclosures

Current Market Conditions in in Shannon, MS As of April 2026?
Over the past month, the Shannon real estate market has remained steady, with no significant fluctuations in home prices. The average time on the market has been consistent, suggesting that sellers are pricing their homes competitively while buyers are taking advantage of the affordability in the area. There has been a slight uptick in buyer inquiries, hinting at growing interest in rural properties as more individuals prefer space and nature over urban hustle.
How much do homes sell for in Shannon, MS?
The average home price is currently $166,721.
In Shannon, MS, how many homes are available?
There are currently 1 active home listings available in Shannon.
What’s the average rental cost in Shannon, MS?
The average rental price in Shannon is $1,046.
What is the most expensive home in Shannon?
The most expensive home sold in Shannon had a price of $918,402.
What is currently the cheapest priced home in Shannon, MS?
The cheapest home for sale in Shannon is priced at $10,800.

Living in Shannon, MS

Shannon, MS, is a charming small town that offers a peaceful lifestyle and close-knit community. Its rural setting is complemented by local parks and recreational activities, making it a great place for families. With easy access to larger towns nearby, Shannon combines the best of both worlds.

Buyer vs Seller Market in Shannon, MS

The real estate market in Shannon is currently stable, with modest price points attracting both first-time buyers and retirees. Homes typically sell at a slower pace compared to larger cities, providing buyers ample time to consider their options.

As more people seek the tranquility of rural living, Shannon's popularity among homebuyers is gradually increasing, leading to slight appreciation in home values over the past few years.

Home Value Estimator For Shannon, MS

There are currently 1,551 real estate properties in Shannon, MS, with a median automated valuation model (AVM) price of $146,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shannon, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shannon, MS, is $166,721.00, with the most expensive house in Shannon, MS, topping out at $918,402.00 and the cheapest home in Shannon, MS, clocking in at $10,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Shannon, MS!

Rent Prices In Shannon, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shannon, MS, is on a rollercoaster ride. The average rent price in Shannon, MS, is $1,046.00. Indeed, when looking to rent in Shannon, MS, you can expect to pay as little as $600.00 or as much as $2,140.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Shannon, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Shannon, MS Foreclosures

Market Trend for Shannon, MS

Total Listings Available: 1

Market Values:

Home Prices from $10,800 to $918,402

Average Sales Price: $166,721

Rental Values:

Rental from $600 to $2,140

Average Rent Value: $1,046 / month

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