Market Snapshot
Shannon Lake Estates, Broward County, FL is a neighborhood market with a median home price of $785,897, a median monthly rent of $2,187, a GRM of 30.0x, and a price-to-rent ratio of 29.9.
Shannon Lake Estates, Broward County, FL
Median Home Price Price
$785,897 $785.9K
Median Monthly Rent Rent
$2,187 $2.2K
30.0x
Home price / annual rentLog in to save this market to your dashboard.
Comparable Markets
Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Broward
Within FL
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$495.7K
Rent
$1.9K
GRM
21.0x
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$516.3K
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$2.4K
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18.0x
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$866.1K
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$784.9K
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$2.2K
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29.0x
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$516.3K
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18.0x
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$495.7K
Rent
$1.9K
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$402.7K
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20.0x
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Price
$516.6K
Rent
$2.1K
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Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
Show
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Shannon Lake Estates
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Benchmark comparison
Rent in Shannon Lake Estates, FL is 3.9% lower than Harmony Estates, FL.
Compare to
Harmony Estates, FL
Shannon Lake Estates, FL
Harmony Estates, FL
Delta
Median rent
$2,187
$2,275
+$88
Median price
$785,897
$699,255
-$86,642
YoY change
+$43
+$6
-$37
Price-to-rent
29.9x
25.6x
-4.3x
Key takeaways
- Shannon Lake Estates, Broward County, FL has a higher-grm screening profile: At 30.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $43 year over year.
- Rent in Shannon Lake Estates, FL is 3.9% lower than Harmony Estates, FL.