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McLean County Times

Sunday, November 24, 2024

August 2017: Flanagan experienced a 85.7% increase in median home prices

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The median sale price of a home sold in August 2017 in Flanagan rose by $18,000 while total sales increased by 66.7%, according to BlockShopper.com.

In August 2017, there were five homes sold, with a median sale price of $39,000 - a 85.7% increase over the $21,000 median sale price for the same period of the previous year. There were three homes sold in Flanagan in August 2016.

The median sales tax in Flanagan for 2017 was $1,799. In 2016, the median sales tax was $1,877. This marks an decrease of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.6%.

The following table compares Flanagan to other Livingston County cities in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Forrest13-66.7%$175,000$87,000101.1%
Odell42100%$93,500$16,500466.7%
Pontiac713-46.2%$92,500$45,000105.6%
Dwight58-37.5%$84,000$104,625-19.7%
Saunemin13-66.7%$48,000$35,00037.1%
Flanagan5366.7%$39,000$21,00085.7%
Cornell21100%$30,250$222,000-86.4%
Cullom110%$17,000$32,000-46.9%
Chatsworth00-$0$0-
Fairbury04-100%$0$74,750-100%
Streator00-$0$0-

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