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McLean County Times

Wednesday, April 23, 2025

Falling home prices in Flanagan in the first quarter of 2021

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Adobe Stock

The median sale price of a home sold in the first quarter of 2021 in Flanagan fell by $27,000 while total sales increased by 166.7%, according to BlockShopper.com.

From January through March of 2021, there were eight homes sold, with a median sale price of $93,000 - a 22.5% decrease over the $120,000 median sale price for the same period of the previous year. There were three homes sold in Flanagan in the first quarter of 2020.

The median sales tax in Flanagan for the most recent year with available data, 2019, was $2,064, approximately 2.2% of the median home sale price for the first quarter of 2021.

The following table compares Flanagan to other Livingston County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Odell63100%$137,500$90,00052.8%
Dwight13130%$125,000$73,20070.8%
Flanagan83166.7%$93,000$120,000-22.5%
Cullom220%$87,000$57,00052.6%
Pontiac402653.8%$80,250$70,00014.6%
Saunemin41300%$68,000$45,00051.1%
Cornell42100%$67,000$74,950-10.6%
Streator10-$65,000$0-
Fairbury990%$56,500$115,000-50.9%
Forrest550%$30,000$82,500-63.6%
Chatsworth01-100%$0$22,000-100%

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