Housing in Flanagan, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$120,000

Median List Price

$107,000

Price Per Sq Ft

$96

Days on Market

104

Active Inventory

7

Months of Supply

3.5

Seller's market

Zillow Home Value

$151,971

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 14.3%List Price 26.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

90.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
28.6%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

2

Pending Sales

1

Homes Sold 0.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$96

Median List $/SF

$100

Sale $/SF 17.1%List $/SF 40.8%Mar 24Jan 26

Flanagan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Flanagan is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$103,900

Median Rent

$839

Total Housing Units

459

Vacancy Rate

17.4%

Owner Occupied

82.8%

Renter Occupied

17.1%

Median Property Tax

$2,241

per year

Monthly Cost (w/ Mortgage)

$741

Housing Types

Single Family
94.3%
Multi-Family
5.7%
Mobile Home
0.0%

The current median sale price in Flanagan, IL is $120,000 according to Redfin data. Homes spend a median of 104 days on the market. 0.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $96. The median rent is $839 per month (Census ACS). About 82.8% of housing units are owner-occupied. The median year homes were built is 1950. There are 459 total housing units.