Shannon home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Shannon rose by $53,200 while total sales decreased by 75%, according to

From July through September of 2020, there were two homes sold, with a median sale price of $104,700 - a 103.3% increase over the $51,500 median sale price for the same period of the previous year. There were eight homes sold in Shannon in the third quarter of 2019.

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 the third quarter of 2020.

The following table compares Shannon to other Carroll County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Mount Carroll11922.2%$34,000$75,000-54.7%

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