Data as of February 2026. Source: Realtor.com.
The FLANAGAN, IL real estate market (61740) currently shows 7 active listings, with 5 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 41 days on market compared to 8 days last year.
The median listing price has fallen 22.4% year-over-year, from $191,725 to $148,725.
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.
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 | 6 | $1,129,602 | $174,900 | $188,267 |
| 61321 | Dana, IL 61321 | 8.0 mi | 3 | $749,901 | $149,900 | $249,967 |
| 61744 | Gridley, IL 61744 | 10.0 mi | 2 | $384,000 | $192,000 | $192,000 |
| 61764 | Pontiac, IL 61764 | 12.4 mi | 24 | $4,041,336 | $155,000 | $168,389 |
| 61726 | Chenoa, IL 61726 | 13.3 mi | 11 | $2,496,758 | $178,000 | $226,978 |
| 61313 | Blackstone, IL 61313 | 16.3 mi | 2 | $1,006,800 | $503,400 | $503,400 |
| 61364 | Streator, IL 61364 | 16.6 mi | 65 | $9,881,885 | $140,000 | $152,029 |
| 61561 | Roanoke, IL 61561 | 18.7 mi | 3 | $659,799 | $225,000 | $219,933 |
| 61748 | Hudson, IL 61748 | 20.0 mi | 1 | $235,000 | $235,000 | $235,000 |
| 61334 | Lostant, IL 61334 | 21.7 mi | 3 | $509,700 | $169,900 | $169,900 |
| 61776 | Towanda, IL 61776 | 21.9 mi | 0 | $0 | $175,000 | $175,000 |
| 60470 | Ransom, IL 60470 | 22.5 mi | 1 | $815,400 | $815,400 | $815,400 |
| 61570 | Washburn, IL 61570 | 23.7 mi | 5 | $555,875 | $107,450 | $111,175 |
As of February 2026, there are 7 active listings in FLANAGAN, IL (zip code 61740), compared to 4 the prior year.
The median listing price in FLANAGAN, IL 61740 is $148,725 as of February 2026, a 22.4% decrease from $191,725 the prior year.
Homes in FLANAGAN, IL 61740 spend an average of 41 days on the market before going under contract, compared to 8 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FLANAGAN, IL 61740 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 8 days last year.
With SELL123.com's maximum 3% commission, sellers in FLANAGAN, IL 61740 save an estimated $2,975 compared to a typical 5% commission on the median listing price of $148,725. 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.