The Shannamara housing market is somewhat competitive. The median sale price of a home in Shannamara was $570K last month, down 14.3% since last year. The median sale price per square foot in Shannamara is $194, down 5.8% since last year.
What is the housing market like in Shannamara today?
In October 2024, Shannamara home prices were down 14.3% compared to last year, selling for a median price of $570K. On average, homes in Shannamara sell after 89 days on the market compared to 24 days last year. There were 7 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$570,000
-14.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Shannamara, NC
$570,000
-14.3%
United States
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How hot is the Shannamara housing market?
Shannamara is somewhat competitive. Homes sell in 59.5 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 60 days.
Hot homes
can sell for about 1% above list price and go pending in around 36 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.6%
-2.1 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Shannamara housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Shannamara.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Shannamara has a minor risk of flooding. 43 properties in Shannamara are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Shannamara. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
Shannamara has a moderate risk of wildfire. There are 384 properties in Shannamara that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in Shannamara.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Shannamara has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Shannamara is most at risk from hurricanes. 699 properties in Shannamara have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.