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McLean County Times

Saturday, April 19, 2025

Falling home prices in Flanagan in May 2017

Webp realestate2

The median sale price of a home sold in May 2017 in Flanagan fell by $40,000 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2017, there were four homes sold, with a median sale price of $42,000 - a 48.8% decrease over the $82,000 median sale price for the same period of the previous year. There were three homes sold in Flanagan in May 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 4.3%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Forrest12-50%$178,500$48,000271.9%
Cornell110%$88,000$70,00025.7%
Cullom20-$81,950$0-
Pontiac191618.8%$77,500$70,25010.3%
Chatsworth10-$72,000$0-
Flanagan4333.3%$42,000$82,000-48.8%
Fairbury14-75%$40,000$90,000-55.6%
Saunemin20-$30,000$0-
Odell40-$16,250$0-
Dwight34-25%$10,837$119,000-90.9%
Streator00-$0$0-

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