60416 Home Values & Market Trends

There are 91 homes currently listed for 60416. 60416 real estate market trends show that home prices range from $144,900 to $550,000, and the median sales price in the 60416 zip code is $279,900. The total number of properties sold within the past twelve months is 111. In 60416, 9 properties are in foreclosure, 3 are bank owned properties,and 2 are headed for auction.

Housing Market Summary for 60416

Sep 2025September 2026Change
Median Listing Price$310K$289.9K-6.48%
Median Sold Price$303.1K$308.5K1.80%
Homes For Sale588851.72%
Homes Sold5958-1.69%
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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%.

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Browse Homes in 60416

The median list price of a home in Coal City, is $279,900. A total of 91 properties are for sale, and the percentage of properties for sale in the zip code is 91.00%. The total count of 60416 properties is 177.

Foreclosure
There is 1 cities within 60416; within this cities, the median estimated home value for homes in foreclosure ranges from $322,375 in coal city to the lowest value of $146,044 in coal city. Foreclosure homes account for 5.00% of properties in 60416 with coal city containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.26% of all residential properties in 60416 with coal city containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60416; of that cities, the estimated home value for pre-foreclosure homes ranges from $322,375 in coal city to the lowest home value of $207,048 in coal city.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60416 ranges from the highest value of $210,000 in coal city to the lowest value of $146,044 in coal city. Bank owned homes and properties account for 1.69% of properties in 60416. There is 1 cities within 60416; coal city containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    coal city has 2 auction properties, the highest number of properties going to auction in a single city in the state of 60416. Auction homes and other auction properties account for 1.13% of all properties in 60416. There is 1 cities within 60416; of that cities, the median estimated home value for homes going to auction ranges from $263,324 in coal city to the lowest value of $175,878 in coal city.
Homes for Sale
Homes and properties that are actively listed for sale account for 51.41% of residential properties in 60416 with coal city containing 79 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60416; homes for sale in that cities, have a range of median values from $550,000 in coal city to the lowest value of $145,640 in coal city.
    Sold Homes
    The median value for recently sold homes ranges from $741,588 in coal city to the lowest price of $153,805 in coal city. There is 1 cities within 60416. coal city has 58 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 38.42% of properties in 60416.

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      Guide for 60416

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.