May 2024

Shannon Housing Market Report Robeson County, North Carolina

Report Updated 2 Days Ago

Housing Prices in Shannon, NC

How much do homes in Shannon, NC cost?

Median List Price

$171,500

$117/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$13,400(-7.2%)

Key Takeaway

The list price of homes in Shannon has decreased by 7.2% since last year.

Summary: The median home list price in Shannon was $171,500 in May 2024, down 7.2% from the previous year, and the median price per square foot was $117.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	May 2023	May 2024	CHANGE
1 Bedroom	-	$80K	N/A
2 Bedrooms	$229K	$130K	-43.2%
3 Bedrooms	$165K	$178.7K	+8.3%
4 Bedrooms	$234.9K	-	N/A
5+ Bedrooms	-	-	N/A

Summary: Shannon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	May 2023	May 2024	CHANGE
Red Springs Township	$149.4K	$179.9K	+20.4%
Shannon	$184.9K	$171.5K	-7.2%
Shannon Township	$184.9K	$171.5K	-7.2%

Housing Supply in Shannon, NC

How many homes are available in Shannon, NC?

Number of Homes For Sale

Apr 2024	May 2024	CHANGE
1	3	+200.0%

Summary: The Shannon real estate market had 3 homes for sale in May 2024, a 200.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Apr 2024	May 2024	CHANGE
1 Bedroom	1	1	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	0	2	+100.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Shannon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Shannon, NC

How long does it take to sell a home in Shannon, NC?

Average Listing Age

May 2023	May 2024	CHANGE
110 Days	80 Days	-27.0%

Summary: Homes in Shannon had an average listing age of 80 days in May 2024, down by 27% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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Newest Listings in Shannon, NC

Nearby Markets to Shannon, NC

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MLS Disclaimers and Copyright

Based on information from Triangle MLS, and North Carolina Regional MLS for the period 06/01/2022 - 06/01/2024

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 6:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.