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FLANAGAN, IL 61740

Real Estate Market Report  ·  Livingston County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
vs 6 last year
Pending
3
50% pending ratio
Median Price
$174,900
⇧ 112.1% vs $82,450 last year
Average Price
$188,267
⇧ 128.3% vs $82,450 last year
Days on Market
62
⇧ 100% vs 31 days last year

Market Context

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

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

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FLANAGAN, IL real estate market (61740) currently shows 6 active listings, with 3 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 62 days on market compared to 31 days last year.

The median listing price has risen 112.1% year-over-year, from $82,450 to $174,900.

Whether you are buying or selling in FLANAGAN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 62 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $174,900 (+112.1% YoY)
  • Average: $188,267 (+128.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.7 miles — 126 listings ($22,466,056 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61740Flanagan, IL 617400.0 mi6$1,129,602$174,900$188,267
61321Dana, IL 613218.0 mi3$749,901$149,900$249,967
61744Gridley, IL 6174410.0 mi2$384,000$192,000$192,000
61764Pontiac, IL 6176412.4 mi24$4,041,336$155,000$168,389
61726Chenoa, IL 6172613.3 mi11$2,496,758$178,000$226,978
61313Blackstone, IL 6131316.3 mi2$1,006,800$503,400$503,400
61364Streator, IL 6136416.6 mi65$9,881,885$140,000$152,029
61561Roanoke, IL 6156118.7 mi3$659,799$225,000$219,933
61748Hudson, IL 6174820.0 mi1$235,000$235,000$235,000
61334Lostant, IL 6133421.7 mi3$509,700$169,900$169,900
61776Towanda, IL 6177621.9 mi0$0$175,000$175,000
60470Ransom, IL 6047022.5 mi1$815,400$815,400$815,400
61570Washburn, IL 6157023.7 mi5$555,875$107,450$111,175

Frequently Asked Questions

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

As of January 2026, there are 6 active listings in FLANAGAN, IL (zip code 61740), compared to 6 the prior year.

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

The median listing price in FLANAGAN, IL 61740 is $174,900 as of January 2026, a 112.1% increase from $82,450 the prior year.

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

Homes in FLANAGAN, IL 61740 spend an average of 62 days on the market before going under contract, compared to 31 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 January 2026, FLANAGAN, IL 61740 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 62 days on market compared to 31 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 $3,498 compared to a typical 5% commission on the median listing price of $174,900. 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.