Shannon, IL Housing Market
$181,313
13.3% 1-yrThe average Shannon, IL home value is $181,313, up 13.3% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Shannon Key Takeaways
Typical Home Values: $181,313
1-Year Value Change: +13.3%
(Data through August 31, 2026)
Shannon Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Shannon
- NameMedian ZHVI
- Lake Carroll$457,960
- Park-ER-Woods$219,740
- Kelly Meadow$284,850
- West Gateway$91,530
- Cunningham Street$88,138
- Beverly Park$91,328
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Shannon Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Shannon, IL?
The median home value in Shannon, IL is $181,313 as of August 2026. This represents a 1.1% increase compared to last month and a 13.3% increase year-over-year.
How have home values changed in Shannon, IL?
Home values in Shannon, IL have increased by 1.1% month-over-month and 13.3% year-over-year.
How do home values in Shannon, IL compare to Carroll County, Illinois, and the national average?
The median home value in Shannon, IL ($181,313) compares to: Carroll County ($167,848), Illinois ($297,573), and the U.S. national median ($368,697).
