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Featured local agent — Flanagan, IL
Sarah Mitchell
Compass Real Estate · Flanagan, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Flanagan, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$144,900median sale price
How is the Flanagan, IL housing market right now?
The median home sale price in Flanagan, IL is $144,900. Homes sell in an average of 63 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Flanagan a buyer's or seller's market?
Flanagan, IL is currently a seller's market, based on 1.7 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
63
Average pace
Active listings
5
1.7 months supply
Sale-to-list
97.8%
Below asking
What does the Flanagan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $144,900 |
| Median list price | $154,700 |
| Average days on market | 63 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $94/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 20.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Flanagan by property type?
How the Flanagan, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $144,900 | $94/sq ft | 3 | 63 days |
| Condo / Co-op | $105,000 | $60/sq ft | 1 | 78 days |
Source: Redfin · Updated monthly
The Flanagan housing market is currently classified as a seller's market with a median sale price of $144,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 63 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Flanagan
There are currently 5 homes listed for sale in Flanagan, Illinois. The median listing price is $155K.
Active listings
5
Homes on market
Median list price
$155K
Avg. days on market
63
Days until sale
New this week
4
Newly listed
Who lives in Flanagan?
Population
864
Median income
$75,104/yr
Median age
49.2 years
Owner-occupied
82.8%
College grads
20.4%
Avg commute
19.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Flanagan?
Zillow home value
$162,972
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Flanagan?
Flanagan is a community of approximately 1K residents with a median age of 49.2 years.The median household income is $75,104, which reflects a relatively affluent area with strong earning potential. 20.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Flanagan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Flanagan?
4 schools tracked · 352 students
The largest public schools serving Flanagan, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Flanagan Elem School
Grades PK-8 · 243 students
Flanagan-Cornell High School
Grades 9-12 · 109 students
Livingston County Academy
Grade range n/a
Livingston Co Crossroads Academy
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Flanagan, IL?
Want a head-to-head view? Compare Flanagan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Flanagan?
The median home sale price in Flanagan is $144,900, down 0.0% from last year.
How long do homes stay on market in Flanagan?
Homes typically spend 63 days on market before going under contract.
What is the median income in Flanagan?
The median household income is $75,104 per year.
Is Flanagan a buyer's or seller's market?
With 1.7 months of supply, Flanagan is currently a seller's market.
What is the Zillow home value estimate for Flanagan?
The Zillow Home Value Index (ZHVI) for Flanagan is $162,972, representing the typical home value in the area.
What is the median condo price in Flanagan?
The median condo/co-op sale price in Flanagan, IL is $105,000, compared to $144,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Flanagan?
The median single-family home price in Flanagan, IL is $144,900 (about $94 per square foot).
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