Commercial Real Estate Market in Shannon Hills, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 225 off-market properties in Shannon Hills, AR.
Market Trends
Shannon Hills, AR spans 30.6 square miles in Saline County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Shannon Hills, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Shannon Hills, AR asks $161/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Shannon Hills, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Shannon Hills, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Shannon Hills, AR has 13,739 residents in 6,078 households. Density runs 449 people per square mile. Median household income here is $61,967 and median gross rent $912 a month.
13,739
Population
6,078
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
449
Density / Sq Mi
$61,967
Median Household Income
$42,345
Median Earnings
$912
Median Rent
$140,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sweet Home | $98 (county avg) | — |
| Wrightsville | $98 (county avg) | — |
| Little Rock | $98 (county avg) | $15.75 |
| Woodson | $98 (county avg) | — |
Commercial property in Shannon Hills, AR asks $345/SF. The 4 bordering markets run from $98/SF in Sweet Home to $98/SF in Sweet Home, and the city sits above their $98/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shannon Hills?
Commercial property in Shannon Hills, AR asks an average of $345 per square foot. The 6 most recent recorded sales traded at a median of $75/SF, so asking sits 360% above the achieved median. Retail carries the highest asking price at $161/SF.
How does Shannon Hills compare to nearby markets on price?
Shannon Hills, AR asks $345/SF against $98/SF in Sweet Home, $98/SF in Wrightsville, $98/SF in Little Rock and $98/SF in Woodson. Sweet Home is the cheapest entry point at 72% below Shannon Hills pricing.
Where does Realmo's Shannon Hills market data come from?
Realmo compiles Shannon Hills, AR figures from 7 recent recorded sales, 51 active sale listings, 225 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 0 active for-lease listings in Shannon Hills, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
