Data as of September 2026. Source: Realtor.com.
The FLANAGAN, IL real estate market (61740) currently shows 3 active listings, with 1 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 34 days last year.
The median listing price has fallen 15.8% year-over-year, from $209,000 to $175,950.
Population: 1,556 · Density: 8.6/mi² · Median household income: $77,179
Typical home value: $128,248 · Homeownership: 83.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61740 | Flanagan, IL 61740 | 0.0 mi | 7 | $1,079,953 | $148,725 | $154,279 |
| 61321 | Dana, IL 61321 | 8.0 mi | 3 | $648,675 | $216,225 | $216,225 |
| 61319 | Cornell, IL 61319 | 10.8 mi | 2 | $164,000 | $82,000 | $82,000 |
| 61738 | El Paso, IL 61738 | 12.9 mi | 7 | $1,299,375 | $208,725 | $185,625 |
| 61516 | Benson, IL 61516 | 14.2 mi | 1 | $165,000 | $165,000 | $165,000 |
| 61313 | Blackstone, IL 61313 | 16.3 mi | 2 | $1,365,350 | $682,675 | $682,675 |
| 61364 | Streator, IL 61364 | 16.6 mi | 62 | $9,468,144 | $139,975 | $152,712 |
| 61561 | Roanoke, IL 61561 | 18.7 mi | 4 | $809,800 | $202,450 | $202,450 |
| 61748 | Hudson, IL 61748 | 20.0 mi | 1 | $849,000 | $849,000 | $849,000 |
| 61739 | Fairbury, IL 61739 | 21.0 mi | 6 | $1,452,000 | $242,000 | $242,000 |
| 61332 | Leonore, IL 61332 | 21.7 mi | 1 | $144,900 | $144,900 | $144,900 |
| 60470 | Ransom, IL 60470 | 22.5 mi | 1 | $815,400 | $815,400 | $815,400 |
| 61570 | Washburn, IL 61570 | 23.7 mi | 5 | $608,125 | $122,425 | $121,625 |
As of September 2026, there are 3 active listings in FLANAGAN, IL (zip code 61740), compared to 4 the prior year.
The median listing price in FLANAGAN, IL 61740 is $175,950 as of September 2026, a 15.8% decrease from $209,000 the prior year.
Homes in FLANAGAN, IL 61740 spend an average of 28 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FLANAGAN, IL 61740 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in FLANAGAN, IL 61740 save an estimated $3,519 compared to a typical 5% commission on the median listing price of $175,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.