Housing in Shannon, MS

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

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$173,000

Median List Price

$65,000

Price Per Sq Ft

$66

Days on Market

44

Active Inventory

3

Months of Supply

1.0

Seller's market

Zillow Home Value

$152,369

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 46.0%List Price 45.7%Apr 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

1

Pending Sales

3

Homes Sold 50.0%New Listings 50.0%Pending 50.0%Apr 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$66

Median List $/SF

$48

Sale $/SF 32.7%List $/SF 44.8%Apr 24Oct 25

Shannon vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

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

Median Home Value

$120,200

Median Rent

$723

Total Housing Units

926

Vacancy Rate

21.3%

Owner Occupied

67.2%

Renter Occupied

32.8%

Median Property Tax

$595

per year

Monthly Cost (w/ Mortgage)

$716

Housing Types

Single Family
58.8%
Multi-Family
12.3%
Mobile Home
28.9%

The current median sale price in Shannon, MS is $173,000 according to Redfin data. Homes spend a median of 44 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $66. The median rent is $723 per month (Census ACS). About 67.2% of housing units are owner-occupied. The median year homes were built is 1990. There are 926 total housing units.