Market Summary

Shannon Park, Mecklenburg County, NC

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Median Home Price Price

$291,268 $291.3K

Median Monthly Rent Rent

$1,733 $1.7K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mecklenburg County

Region Price Rent GRM Display
$338,917 $1,995 14.0x
$336,348 $1,713 16.0x
$308,807 $1,718 15.0x
$352,872 $2,017 15.0x
$302,448 $1,721 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Mecklenburg County

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$282,263 $1,669 14.0x
$253,390 $1,645 13.0x
$383,451 $2,320 14.0x
$250,240 $1,521 14.0x
$395,351 $1,629 20.0x
$205,888 $1,391 12.0x
$370,452 $1,938 16.0x
$395,377 $2,355 14.0x
$302,195 $1,656 15.0x
$356,966 $1,717 17.0x
$255,134 $1,751 12.0x

Home prices

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Monthly rent

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GRM

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Shannon Park

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Trend Insights

Median Rent in Shannon Park, NC is $1,733, with MoM change +$8 and YoY change +$56 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Shannon Park, NC.

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Metric
Base market Shannon Park, NC
Compare market Select a market
Delta vs base
Median rent
$1,733
N/A
Median price
$291,268
N/A
YoY change
+$56
N/A
Price-to-rent
14.0x
Data unavailable
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