Housing in Shannon, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$161,057

Shannon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Shannon is highlighted.

Median Home Value

27th%ilemost expensive$114,100show rank

Median Rent

14th%ilemost expensive rent$675show rank

Rent Burden

16th%ilehighest rent burden13.6%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$114,100

Median Rent

$675

Total Housing Units

418

Vacancy Rate

12.4%

Owner Occupied

87.4%

Renter Occupied

12.6%

Median Property Tax

$1,946

per year

Monthly Cost (w/ Mortgage)

$745

Housing Types

Single Family

83.7%

Multi-Family

11.5%

Mobile Home

4.8%

The median home value in Shannon, IL is $114,100. According to Zillow, the home value index for Shannon is $161,057. The median rent is $675 per month (Census ACS). About 87.4% of housing units are owner-occupied. The median year homes were built is 1961. There are 418 total housing units.