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Foreclosure Homes in Flanagan, IL

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Flanagan, IL Foreclosures

How much do homes sell for in Flanagan, IL?
The average home price is currently $156,361.
In Flanagan, IL, how many homes are available?
There are currently 4 active home listings available in Flanagan.
What’s the average rental cost in Flanagan, IL?
The average rental price in Flanagan is $1,200.
What is the most expensive home in Flanagan?
The most expensive home sold in Flanagan had a price of $570,357.
What is currently the cheapest priced home in Flanagan, IL?
The cheapest home for sale in Flanagan is priced at $10,718.

Living in Flanagan, IL

Flanagan, IL, offers a peaceful small-town lifestyle with a strong sense of community. Its rural setting, combined with easy access to nearby towns, provides both tranquility and convenience. The village has quality local schools and essential amenities, making it an attractive location for families and retirees alike.

Current Market Conditions in Flanagan, IL

The real estate market in Flanagan has shown consistent growth, with property values experiencing gradual appreciation over recent years. This trend reflects a growing demand for homes in the area, driven by families and individuals seeking a tranquil lifestyle while maintaining proximity to larger urban centers.

Current market analysis indicates a balanced market with reasonable inventory levels. Investors can find opportunities in both single-family homes and multi-family units, making Flanagan a strategic choice for those looking to diversify their real estate portfolio.

Home Value Estimator For Flanagan, IL

There are currently 621 real estate properties in Flanagan, IL, with a median automated valuation model (AVM) price of $141,632.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flanagan, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Flanagan, IL, is $156,361.00, with the most expensive house in Flanagan, IL, topping out at $570,357.00 and the cheapest home in Flanagan, IL, clocking in at $10,718.00. In other words, there’s something for every potential homebuyer or savvy investor in Flanagan, IL!

Rent Prices In Flanagan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flanagan, IL, is on a rollercoaster ride. The average rent price in Flanagan, IL, is $1,200.00. Indeed, when looking to rent in Flanagan, IL, you can expect to pay as little as $640.00 or as much as $1,970.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Flanagan, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Flanagan, IL Foreclosures

Market Trend for Flanagan, IL

Total Listings Available: 4

Market Values:

Home Prices from $10,718 to $570,357

Average Sales Price: $156,361

Rental Values:

Rental from $640 to $1,970

Average Rent Value: $1,200 / month

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