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FLANAGAN, IL 61740

Real Estate Market Report  ·  Livingston County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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.

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Market Context

Market Context

Population: 1,556  ·  Density: 8.6/mi²  ·  Median household income: $77,179

Typical home value: $128,248  ·  Homeownership: 83.6%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$175,950
⇩ 15.8% vs $209,000 last year
Average Price
$177,638
⇧ 2% vs $174,133 last year
Days on Market
28
⇩ 17.6% vs 34 days last year

Price Per Square Foot

Median $/sqft
$102
⇩ 2.9% vs $105/sqft last year
Median Home Size
1,826 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 28 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $175,950 (-15.8% YoY)
  • Average: $177,638 (+2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.7 miles — 102 listings ($18,869,722 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61740Flanagan, IL 617400.0 mi7$1,079,953$148,725$154,279
61321Dana, IL 613218.0 mi3$648,675$216,225$216,225
61319Cornell, IL 6131910.8 mi2$164,000$82,000$82,000
61738El Paso, IL 6173812.9 mi7$1,299,375$208,725$185,625
61516Benson, IL 6151614.2 mi1$165,000$165,000$165,000
61313Blackstone, IL 6131316.3 mi2$1,365,350$682,675$682,675
61364Streator, IL 6136416.6 mi62$9,468,144$139,975$152,712
61561Roanoke, IL 6156118.7 mi4$809,800$202,450$202,450
61748Hudson, IL 6174820.0 mi1$849,000$849,000$849,000
61739Fairbury, IL 6173921.0 mi6$1,452,000$242,000$242,000
61332Leonore, IL 6133221.7 mi1$144,900$144,900$144,900
60470Ransom, IL 6047022.5 mi1$815,400$815,400$815,400
61570Washburn, IL 6157023.7 mi5$608,125$122,425$121,625

Frequently Asked Questions

How many homes are for sale in FLANAGAN, IL 61740?

As of September 2026, there are 3 active listings in FLANAGAN, IL (zip code 61740), compared to 4 the prior year.

What is the median home price in FLANAGAN, IL 61740?

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.

How long do homes stay on the market in FLANAGAN, IL?

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.

Is it a seller's or buyer's market in FLANAGAN, IL 61740?

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.

How much can I save on real estate commission in FLANAGAN, IL?

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.