In May 2021, there were three homes sold, with a median sale price of $109,900 - a 169.7% increase over the $40,750 median sale price for the same period of the previous year. There were two homes sold in Shannon in May 2020.
The median sales tax in Shannon for the most recent year with available data, 2019, was $1,385, approximately 1.3% of the median home sale price for May 2021.
The following table compares Shannon to other Carroll County cities in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lanark | 3 | 1 | 200% | $129,000 | $85,000 | 51.8% |
| Shannon | 3 | 2 | 50% | $109,900 | $40,750 | 169.7% |
| Milledgeville | 1 | 1 | 0% | $97,000 | $50,000 | 94% |
| Mount Carroll | 1 | 3 | -66.7% | $70,000 | $89,000 | -21.3% |
| Savanna | 7 | 6 | 16.7% | $45,000 | $70,000 | -35.7% |
| Thomson | 0 | 2 | -100% | $0 | $42,500 | -100% |
| Chadwick | 0 | 1 | -100% | $0 | $18,500 | -100% |
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