Flannigan, IL housing market
Home prices around Flannigan have risen about 44% over the past 5 years.
Home values, sales, trends and how Flannigan compares with the towns next door — updated as new data is published.
Home prices up 44% in 5 years
The federal house price index for the ZIP codes around Flannigan rose 44% over the past 5 years, slower than across Illinois (47%). Last year prices rose 1.2%.
Show as a table
| Year | Change that year | Since 2020 | Illinois since 2020 |
|---|---|---|---|
| 2025 | +1.2% | +44% | +47% |
| 2024 | −2.5% | +42% | +39% |
| 2023 | +16% | +46% | +30% |
| 2022 | +8.1% | +26% | +21% |
| 2021 | +16% | +16% | +7.8% |
| 2020 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 62859, 62890, 62860, covering 65% of Flannigan’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Flannigan and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Flannigan | +1.2%† | $990 | — |
| Knight Prairie | +1.2%† | $930 | $94,500 |
| Twigg | +1.2%† | $940 | $97,955 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Flannigan is $990 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $680 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62859, 62860, 62890; Hamilton County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.