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Thursday, June 5, 2025

Shannon home prices fall in 2018

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The median sale price of a home sold in 2018 in Shannon fell by $19,000 while total sales increased by 91.7%, according to BlockShopper.com.

From January through December of 2018, there were 23 homes sold, with a median sale price of $65,000 - a 22.6% decrease over the $84,000 median sale price for the previous year. There were 12 homes sold in Shannon in 2017.

The median sales tax in Shannon for the most recent year with available data, 2017, was $1,330, approximately 2% of the median home sale price for 2018.

The following table compares Shannon to other Carroll County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Milledgeville1112-8.3%$84,000$65,50028.2%
Shannon231291.7%$65,000$84,000-22.6%
Thomson67-14.3%$63,250$95,000-33.4%
Mount Carroll2532-21.9%$60,000$51,50016.5%
Chadwick510-50%$45,000$54,000-16.7%
Savanna564524.4%$42,500$44,000-3.4%
Lanark292516%$42,000$60,000-30%

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