The housing market in Flanagan, IL is vibrant and offers good value for buyers. The median value of houses in this area is $126,000, which is significantly lower than the US house median value of $338,100. In the last year, there has been an 8.27% appreciation in the US housing market whereas Flanagan, IL has seen a 14.21% appreciation in housing values – making it an attractive opportunity for potential buyers. This could be explained by the strong economy and job growth in the region that is driving up demand for housing.
The median home cost in Flanagan is $126,000. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Flanagan is up 16.3%.
Average Age of Homes
- The median age of Flanagan real estate is 54 years old
The Rental Market in Flanagan
- Renters make up 24.0% of the Flanagan population
- 0.0% of houses and apartments in Flanagan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.