61740 Home Values & Market Trends
There are 23 homes currently listed for 61740. 61740 real estate market trends show that home prices range from $40,000 to $269,900, and the median sales price in the 61740 zip code is $151,951. The total number of properties sold within the past twelve months is 31. In 61740, 4 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
61740 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Flanagan | $ 151,951 $ 114/sqft |
Housing Market Summary for 61740
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $170K | $139K | -18.24% |
| Median Sold Price | $174.3K | $141.7K | -18.70% |
| Homes For Sale | 15 | 23 | 53.33% |
| Homes Sold | 16 | 12 | -25.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61740
Browse Homes in 61740
The median list price of a home in Flanagan, is $151,951. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 61740 properties is 44.
- Pre-ForeclosurePre-foreclosure homes account for 4.55% of all residential properties in 61740 with flanagan containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61740; of that cities, the estimated home value for pre-foreclosure homes ranges from $140,427 in flanagan to the lowest home value of $121,767 in flanagan.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61740 ranges from the highest value of $73,965 in flanagan to the lowest value of $73,965 in flanagan. Bank owned homes and properties account for 2.27% of properties in 61740. There is 1 cities within 61740; flanagan containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsflanagan has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61740. Auction homes and other auction properties account for 2.27% of all properties in 61740. There is 1 cities within 61740; of that cities, the median estimated home value for homes going to auction ranges from $133,347 in flanagan to the lowest value of $133,347 in flanagan.
Compare Nearby Zip Codes
More Real Estate Resources for 61740
Guide for 61740
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.