Located a few minutes north of I-10 on the Thomasville Road corridor and bordering both Killearn Estates and Royal Oaks, Shannon Forest has been a consistent performer among the top selling neighborhoods in Tallahassee.
This is not one of the boom neighborhoods that popped up during the housing market expansion, rather Shannon Forest is a proven performer with some highly attractive values available due to the collapse of the market.
Home values are still below $100 per square foot, which is far below cost as it would cost more than $100 per square foot, plus land, to replace these homes.
In this report, we will look at prices, values, and sizes of homes in Shannon Forest, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 2002.
Shannon Forest Home Prices
For the 3 housing graphs found below, we have recorded the number of closed home sales for each year (blue columns, measured on the left vertical axis), and an important real estate statistic shown in red (measured on the right vertical axis.
Home prices rose 4% in 2014, the second year in a row of gains after hitting a 12 year low in 2012. The average recorded sales price was $190,200 for Shannon Forest in 2014, and the two homes sold in 2015 have been at an average price of $215,000.
There were 3 fewer homes sold in 2014 versus 2013, but the numbers are consistent with the production levels of the past ten years. In all appearances, I would think this is a fully stabilized (recovered) neighborhood, though average home prices are still 23% below the levels recorded at the peak of the housing market.
Shannon Forest Home Values
Average home values in Shannon Forest have risen two years in a row, up from a record low set in 2012. Values only rose 1% in 2014, but they have already risen 15% since the bottom of the market two years ago. I expect the rise in values to continue.
In 2014, the average value of a home sold in Shannon Forest was $93 per square foot. This is about 30% cheaper than it would cost to build an equivalent sized home in the neighborhood, which explains why buyers are finding this to be such an excellent value right now.
Where is the Tallahassee market headed?
New articles as they publish, plus the Monday market report. Free, by email.
Shannon Forest Home Sizes
The average home size sold in Shannon Forest typically falls in a range of 1,700 to 2,100 square feet, and 2014 was the year of the giants.
The 13 homes sold in 2014 averaged 2,047 square feet, which is just short of the highest averages recorded back in 2006. Low values combined with low interest rates are allowing buyers to grab the largest homes in Shannon Forest.
Homes For Sale In Shannon Forest
The following list of homes are the most recent listings in Shannon Forest.
[idx-listings tract=”Shannon Forest” statuses=”1,2,3″ propertytypes=”3294″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]
Shannon Forest Home Sales
The following list shows home sales going back to 2002 in Shannon Forest.
Home Sales in Shannon Forest
| Address | Price | Price / SQF | Closing Date | Year Built | SQF | Sale Type |
|---|---|---|---|---|---|---|
| 2308 Notley Ct | $335,000 | $203 | 2026-09-18 | 1976 | 1,650 | Resale |
| 3770 Suffolk Dr | $300,000 | $178 | 2026-06-26 | 1975 | 1,684 | Resale |
| 2316 Braeburn Cir | $345,000 | $219 | 2026-06-23 | 1973 | 1,572 | Resale |
| 2357 Braeburn Cir | $395,000 | $211 | 2026-06-16 | 1974 | 1,870 | Resale |
| 3795 Forsythe Way | $477,500 | $195 | 2026-06-01 | 1974 | 2,451 | Resale |
| 3716 Suffolk Dr | $422,300 | $242 | 2026-05-28 | 1974 | 1,744 | Resale |
| 3661 Barbary Dr | $415,500 | $200 | 2026-05-21 | 1974 | 2,080 | Resale |
| 3772 Forsythe Way | $489,000 | $200 | 2026-04-30 | 1974 | 2,450 | Resale |
| 3799 Forsythe Way | $400,000 | $222 | 2026-04-01 | 1974 | 1,800 | Resale |
| 3751 Forsythe Way | $530,000 | $206 | 2026-04-01 | 1976 | 2,578 | Resale |
| 2336 Foxboro Way | $439,900 | $203 | 2026-03-30 | 1988 | 2,165 | Resale |
| 3640 Barbary Dr | $330,000 | $189 | 2026-03-25 | 1973 | 1,744 | Resale |
| 2501 Debden Ct | $350,000 | $181 | 2026-01-26 | 1974 | 1,930 | Resale |
| 3620 Barbary Dr | $300,000 | $195 | 2025-09-26 | 1980 | 1,539 | Resale |
| 2408 Shalley Dr | $386,000 | $194 | 2025-09-19 | 1974 | 1,986 | Resale |
| 2305 Carrick Ct | $290,000 | $174 | 2025-08-06 | 1976 | 1,662 | Resale |
| 3733 Suffolk Dr | $380,000 | $196 | 2025-05-23 | 1973 | 1,940 | Resale |
| 3752 Suffolk Dr | $476,000 | $175 | 2025-03-14 | 1975 | 2,725 | Resale |
| 2508 Debden Ct | $365,000 | $243 | 2025-03-07 | 2006 | 1,502 | Resale |
| 2361 Braeburn Cir | $365,000 | $190 | 2025-01-24 | 1973 | 1,920 | Resale |
| 2405 Glenshire Ln | $295,000 | $198 | 2025-01-06 | 1987 | 1,491 | Resale |
| 2304 Notley Ct | $348,300 | $183 | 2024-11-20 | 1974 | 1,901 | Resale |
| 3793 Patch Dr | $390,000 | $164 | 2024-09-18 | 1988 | 2,385 | Resale |
| 3794 Mitzi Way | $472,000 | $180 | 2024-09-12 | 1988 | 2,629 | Resale |
| 3729 Forsythe Way | $365,000 | $184 | 2024-08-30 | 1973 | 1,981 | Resale |
| 2271 Hampshire Way | $355,000 | $203 | 2024-07-03 | 1975 | 1,752 | Resale |
| 2500 Debden Ct | $390,000 | $190 | 2024-06-07 | 1976 | 2,048 | Resale |
| 2357 Hampshire Way | $395,000 | $167 | 2024-03-29 | 1974 | 2,359 | Resale |
| 3752 Suffolk Dr | $313,500 | $115 | 2024-03-26 | 1975 | 2,725 | Resale |
| 2309 Foxboro Way | $305,000 | $171 | 2024-02-06 | 1974 | 1,788 | Resale |
| 3624 Barbary Dr | $335,000 | $125 | 2024-02-01 | 1979 | 2,685 | Resale |
| 2416 Cadney Ct | $360,000 | $181 | 2023-10-27 | 1987 | 1,992 | Resale |
| 2305 Foxboro Way | $442,500 | $167 | 2023-10-25 | 1973 | 2,646 | Resale |
| 3745 Suffolk Dr | $523,000 | $184 | 2023-10-13 | 1975 | 2,842 | Resale |
| 3732 Mundon Way | $385,000 | $153 | 2023-10-10 | 1974 | 2,513 | Resale |
| 3716 Suffolk Dr | $381,000 | $218 | 2023-06-30 | 1974 | 1,744 | Resale |
| 2304 Notley Ct | $320,000 | $168 | 2023-06-09 | 1974 | 1,901 | Resale |
| 3645 Barbary Dr | $425,000 | $170 | 2023-06-07 | 1974 | 2,498 | Resale |
| 2428 Shalley Dr | $377,000 | $185 | 2023-05-19 | 1980 | 2,037 | Resale |
| 3649 Barbary Dr | $350,000 | $191 | 2023-05-15 | 1974 | 1,837 | Resale |
| 2400 Shalley Dr | $468,000 | $210 | 2023-05-15 | 1976 | 2,227 | Resale |
| 2313 Hampshire Way | $400,000 | $200 | 2023-04-27 | 1973 | 2,003 | Resale |
| 3609 Barbary Drive | $400,000 | $226 | 2023-02-14 | 1973 | 1,771 | Resale |
| 3736 Forsythe Way | $380,000 | $173 | 2022-11-23 | 1973 | 2,198 | Resale |
| 3792 Mitzi Way | $365,000 | $151 | 2022-11-01 | 1988 | 2,410 | Resale |
| 3608 Barbary Drive | $320,000 | $183 | 2022-09-23 | 1973 | 1,750 | Resale |
| 3617 Barbary Dr | $270,000 | $173 | 2022-09-16 | 1973 | 1,558 | Resale |
| 3715 Mundon Way | $330,000 | $237 | 2022-09-16 | 1976 | 1,392 | Resale |
| 2316 Carrick Ct | $311,000 | $186 | 2022-09-09 | 1976 | 1,675 | Resale |
| 3679 Barbary Dr | $300,000 | $181 | 2022-07-29 | 1975 | 1,658 | Resale |
| 3769 Suffolk Dr | $285,000 | $138 | 2022-07-29 | 1975 | 2,058 | Resale |
| 2312 Notley Ct. | $317,000 | $179 | 2022-06-23 | 1976 | 1,770 | Resale |
| 3757 Suffolk Dr | $392,300 | $123 | 2022-05-05 | 1974 | 3,192 | Resale |
| 2308 Foxboro Way | $380,000 | $197 | 2022-04-22 | 1973 | 1,926 | Resale |
| 2301 Glenshire Ct | $368,000 | $183 | 2022-04-12 | 1973 | 2,016 | Resale |
| 3792 Forsythe Way | $410,000 | $147 | 2022-04-07 | 1973 | 2,786 | Resale |
| 2305 Notley Ct | $300,000 | $206 | 2022-03-11 | 1976 | 1,454 | Resale |
| 3762 Suffolk Drive | $265,000 | $171 | 2022-03-04 | 1976 | 1,547 | Resale |
| 3609 Barbary Drive | $150,000 | $85 | 2022-03-03 | 1973 | 1,771 | Resale |
| 2337 Braeburn Cir | $311,800 | $145 | 2022-02-28 | 1976 | 2,152 | Resale |
| 2308 Foxboro Way | $325,000 | $169 | 2022-02-22 | 1973 | 1,926 | Resale |
| 2301 Braeburn Cir | $295,000 | $176 | 2022-02-18 | 1973 | 1,674 | Resale |
| 3729 Suffolk Dr | $341,200 | $179 | 2021-12-30 | 1973 | 1,903 | Resale |
| 3680 Barbary Dr | $299,900 | $177 | 2021-12-23 | 1976 | 1,696 | Resale |
| 2420 Shalley Dr | $310,000 | $189 | 2021-11-01 | 1974 | 1,644 | Resale |
| 2306 Suffolk Ct | $225,000 | $144 | 2021-08-09 | 1976 | 1,566 | Resale |
| 3742 Mundon Way | $289,900 | $193 | 2021-07-22 | 1974 | 1,503 | Resale |
| 3775 Forsythe Way | $427,000 | $194 | 2021-07-16 | 1974 | 2,200 | Resale |
| 3732 Mundon Way | $340,000 | $135 | 2021-07-07 | 1974 | 2,513 | Resale |
| 3648 Barbary Dr | $284,000 | $166 | 2021-05-21 | 1976 | 1,706 | Resale |
| 2316 Braeburn Cir | $296,500 | $189 | 2021-05-21 | 1973 | 1,572 | Resale |
| 2400 Debden Dr | $239,900 | $147 | 2021-05-14 | 1976 | 1,632 | Resale |
| 2305 Suffolk Court | $285,700 | $148 | 2021-04-21 | 1975 | 1,933 | Resale |
| 2308 Forsythe Ct | $350,000 | $161 | 2021-04-13 | 1974 | 2,170 | Resale |
| 3660 Barbary Dr | $237,500 | $131 | 2021-03-05 | 1976 | 1,810 | Resale |
| 3774 Suffolk Dr | $281,500 | $193 | 2021-02-26 | 1976 | 1,462 | Resale |
| 3742 Mundon Way | $201,200 | $134 | 2021-02-05 | 1974 | 1,503 | Resale |
| 2285 Hampshire Way | $238,500 | $148 | 2021-01-29 | 1983 | 1,610 | Resale |
| 3688 Barbary Dr | $259,900 | $142 | 2021-01-08 | 1975 | 1,833 | Resale |
| 2445 Shalley Dr | $380,000 | $150 | 2020-12-18 | 1975 | 2,532 | Resale |
| 2305 Forsythe Ct | $300,000 | $145 | 2020-12-04 | 1988 | 2,076 | Resale |
| 3729 Mundon Way | $237,100 | $138 | 2020-11-30 | 1975 | 1,713 | Resale |
| 3755 Forsythe Way | $220,000 | $139 | 2020-10-23 | 1988 | 1,582 | Resale |
| 2305 Notley Ct | $248,000 | $171 | 2020-09-18 | 1976 | 1,454 | Resale |
| 3645 Barbary Dr | $277,000 | $111 | 2020-08-31 | 1974 | 2,498 | Resale |
| 2420 Shalley Dr | $260,000 | $158 | 2020-08-28 | 1974 | 1,644 | Resale |
| 2357 Hampshire Way | $325,000 | $138 | 2020-08-07 | 1974 | 2,359 | Resale |
| 3728 Forsythe Way | $339,000 | $138 | 2020-07-30 | 1973 | 2,454 | Resale |
| 3733 Forsythe Way | $305,000 | $135 | 2020-07-07 | 1973 | 2,266 | Resale |
| 2404 Debden Dr | $225,000 | $149 | 2020-07-01 | 1975 | 1,510 | Resale |
| 2309 Carrick Ct | $277,000 | $154 | 2020-06-19 | 1974 | 1,798 | Resale |
| 3725 Mundon Way | $254,000 | $140 | 2020-06-12 | 1975 | 1,815 | Resale |
| 2316 Foxboro Way | $270,000 | $147 | 2020-04-30 | 1992 | 1,839 | Resale |
| 2313 Carrick Ct | $325,000 | $137 | 2020-04-17 | 1974 | 2,380 | Resale |
| 2305 Braeburn Circle | $326,000 | $140 | 2020-03-25 | 1973 | 2,333 | Resale |
| 2512 Debden Ct | $250,000 | $140 | 2020-03-06 | 1977 | 1,786 | Resale |
| 3628 Barbary Dr | $175,000 | $112 | 2019-11-27 | 1974 | 1,561 | Resale |
| 2350 Braeburn Cir | $210,000 | $140 | 2019-10-30 | 1974 | 1,505 | Resale |
| 3644 Barbary Dr | $265,000 | $135 | 2019-10-25 | 1973 | 1,969 | Resale |
| 2324 Hampshire Way | $263,900 | $140 | 2019-08-09 | 1974 | 1,891 | Resale |
I hope you enjoyed our October 2014 update on home sales in Shannon Forest, please feel free to drop me a note if you have questions not covered in this report.
