All Home Types
Shannon Hills, AR Housing Market
What is the housing market like in Shannon Hills today?
In October 2024, Shannon Hills home prices were down 8.5% compared to last year, selling for a median price of $183K. On average, homes in Shannon Hills sell after 29 days on the market compared to 43 days last year. There were 7 homes sold in October this year, down from 9 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$183,000
-8.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Shannon Hills, AR
$183,000
-8.5%
United States
Shannon Hills Migration & Relocation Trends
In Sep '24 - Nov '24, 25% of Shannon Hills homebuyers searched to move out of Shannon Hills, while 75% looked to stay within the metropolitan area.
- Across the nation, 0.22% of homebuyers searched to move into Shannon Hills from outside metros.
- Kansas City homebuyers searched to move into Shannon Hills more than any other metro followed by Los Angeles and Dallas.
Where are people moving to Shannon Hills from?
- 75% of Shannon Hills homebuyers searched to stay within the Shannon Hills metropolitan area.
- Lexington was the most popular destination among Shannon Hills homebuyers followed by Fayetteville and Rochester.
Where are people from Shannon Hills moving to?
Number of People Moving to Shannon Hills
least
most
People are moving to Shannon Hills from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 288 | ||
| 2 | 225 | ||
| 3 | 192 | ||
| 4 | 180 | ||
| 5 | 123 | ||
| 6 | 84 | ||
| 7 | 67 | ||
| 8 | 60 | ||
| 9 | 58 | ||
| 10 | 46 | ||
People are leaving Shannon Hills for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 51 | ||
| 2 | 27 | ||
| 3 | 20 | ||
| 4 | 9 | ||
| 5 | 9 | ||
| 6 | 9 | ||
| 7 | 9 | ||
| 8 | 7 | ||
| 9 | 7 | ||
| 10 | 5 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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