Located in Northeast Tallahassee adjacent to Killearn Estates along the Thomasville Road corridor, Shannon Forest is a hidden gem offering homes far below replacement cost in a highly desirable location in Tallahassee.
If you are looking for a “best buy,” Shannon Forest could be the “real deal.”. Values are still below $100 per square foot, which is crazy good for a home that would cost over $100 per square foot, plus land, to replace.
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 all of the real estate 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. It is important to note that sales are through December for all previous years, but through mid October in 2014.
Home prices have risen slightly this year, following a year of rapid gains after hitting a 11 year low in 2012. The average recorded sales price is $186,000 for Shannon Forest thus far in 2014, and you should expect it to be above $200,000 in 2015.
The pace of home sales, while slightly lower than the previous two years, appears to indicate a recovered market. Other than the record year of 2004, the current number of sales is consistent will all years since. Thus far through October, there have been 10 closed home sales in Shannon Forest.
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. Much as we have seen from other neighborhoods in Tallahassee, values are still far below the cost of replacement, which means that existing home sales are likely to remain buyer favorites for another year or longer in neighborhoods like Shannon Forest.
Through mid October, the average value of a home sold in Shannon Forest this year has been $94 per square foot. This is about 30% cheaper than it would cost to build an equivalent sized home in the neighborhood, encouraging buyers to be shopping for great values right now.
Where is the Tallahassee market headed?
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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 this year is no different. The 10 sales thus far in 2014 have averaged 1,973 square feet, and this average has not changed significantly over the past five years.
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.
