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McLean County Times

Friday, November 1, 2024

November 2018: Flanagan experienced a 14.5% drop in median home prices

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The median sale price of a home sold in November 2018 in Flanagan fell by $11,825 while total sales decreased by 25%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $70,000 - a 14.5% decrease over the $81,825 median sale price for the same period of the previous year. There were four homes sold in Flanagan in November 2017.

The median sales tax in Flanagan for 2018 was $1,970. In 2017, the median sales tax was $1,799. This marks an increase of 9.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Flanagan to other Livingston County cities in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Fairbury42100%$80,250$51,00057.4%
Forrest110%$80,000$195,000-59%
Pontiac811-27.3%$76,800$108,000-28.9%
Flanagan34-25%$70,000$81,825-14.5%
Odell220%$58,000$57,0001.8%
Dwight36-50%$54,000$142,500-62.1%
Cornell10-$48,000$0-
Saunemin10-$40,000$0-
Chatsworth00-$0$0-
Streator00-$0$0-
Cullom00-$0$0-

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