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Foreclosure Homes in Shannon Hills, AR

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Joan-dr-Shannon-hills-AR-72103
Preforeclosure

Joan Dr
Shannon Hills, AR 72103

| 1.5 Bath | 1,775 Sq. Ft.

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Home Value Estimator For Shannon Hills, AR

There are currently 784 real estate properties in Shannon Hills, AR, with a median automated valuation model (AVM) price of $132,100.00. 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 Hills, AR, 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 Hills, AR, is $139,878.00, with the most expensive house in Shannon Hills, AR, topping out at $537,000.00 and the cheapest home in Shannon Hills, AR, clocking in at $40,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Shannon Hills, AR!


Rent Prices In Shannon Hills, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shannon Hills, AR, is on a rollercoaster ride. The average rent price in Shannon Hills, AR, is $1,053.00. Indeed, when looking to rent in Shannon Hills, AR, you can expect to pay as little as $630.00 or as much as $2,240.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Shannon Hills, AR -- 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.


Foreclosure Homes in Shannon Hills, AR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Shannon Hills, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Shannon Hills, AR and much more. Save thousands at closing with home foreclosure listings in Shannon Hills, AR — up to 75% off market value!


Top Reasons To Live In Shannon Hills, AR In 2021

Shannon Hills is located in Saline, Arkansas, with an estimated municipal population of 3,990 residents. All of the best foreclosed homes for sale in Shannon Hills are located in the following zip code areas on Foreclosure.com: 72002 72103. The estimated population per square kilometer (.62 miles) in Shannon Hills is 583.


Cost Of Living In Shannon Hills, AR

So, about how much do homes cost in Shannon Hills? The most recent median value of resident-owned homes in Shannon Hills is 137,954. An estimated 88.6 percent of households in Shannon Hills own their homes, with an average family size of 3.66. The median household income in Shannon Hills is 69,461, with24.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shannon Hills, the median commute time of resident workers (in minutes) is 24.3. And last, but certainly not least, are you looking for homes to rent in Shannon Hills? If so, the average rent price paid by renters in Shannon Hills is 1,086, according to recent statistics.


Diversity And Demographics In Shannon Hills, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Shannon Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Shannon Hills is 32.3, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Shannon Hills is 46.8, with an average family size of 3.66.

The percentage of residents who report their race in Shannon Hills is as follows:

White 59.4%
Black / African American 35.5%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 1.3%

Looking for family-friendly neighborhoods in and/or near Shannon Hills? Or maybe you are searching for 55+ active adult communities in and/or near Shannon Hills?

The percentage of residents who report their age in Shannon Hills is as follows:

Under 10 17.2%
Aged 10-19 14.4%
20s 14.5%
30s 16.9%
40s 11.8%
50s 11.3%
60s 9.3%
70s 2.2%
80+ 2.4%

Best Schools In Shannon Hills, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Shannon Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Shannon Hills.


Pros And Cons Of Living In Shannon Hills, Arkansas

How do you know that living in -- or moving to -- Shannon Hills is right where you need to be? Perhaps you grew up in Shannon Hills or already live nearby; therefore, the decision to buy a home in Shannon Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shannon Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Shannon Hills:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Shannon Hills.


Reasons To Move To Shannon Hills, Arkansas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shannon Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shannon Hills, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Shannon Hills, AR

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