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Saturday, April 19, 2025

Shannon home prices rose in 2021

Webp re 2

The median sale price of a home sold in 2021 in Shannon rose by $16,000 while total sales increased by 69.2%, according to BlockShopper.com.

From January through December of 2021, there were 22 homes sold, with a median sale price of $91,000 - a 21.3% increase over the $75,000 median sale price for the previous year. There were 13 homes sold in Shannon in 2020.

The median sales tax in Shannon for the most recent year with available data, 2019, was $1,385, approximately 1.5% of the median home sale price for 2021.

The following table compares Shannon to other Carroll County cities in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Thomson815-46.7%$117,750$73,50060.2%
Shannon221369.2%$91,000$75,00021.3%
Milledgeville251838.9%$82,500$73,75011.9%
Lanark372832.1%$80,000$75,7505.6%
Mount Carroll413710.8%$78,000$62,00025.8%
Chadwick714-50%$52,000$50,2003.6%
Savanna825841.4%$50,000$45,00011.1%

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