Shannon City, IA 50861 housing market
Data through Jan 2026 · Seller's market · leverage 0
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Buyer Leverage Score
0
Nov 2022
Months of Supply
3.1 months
Dec 2018
Days on Market
32 days
Nov 2022
Price Cut %
0.0%
Jul 2021
Sale-to-List Ratio
100.2%
Jan 2023
Expected Disaster Loss
$122
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (0/100; U.S.: 54) (as of Nov 2022): homes typically sell at or above asking (100.2% of list) (as of Jan 2023); 0% of listings had a price cut (U.S.: 26%) (as of Jul 2021).
- Disaster risk. FEMA expects about $122 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Union County, IA
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Creston, IA 50801 | $154.8K | +3.5% | 65 |
| Creston, IA 50830 | $211K | +8.1% | 21 |
| Thayer, IA 50254 | $259.5K | +13.3% | 42 |
| Cromwell, IA 50842 | – | – | 23 |
| ZIP 50831 | – | – | 13 |