Coal City, IL Home Values & Market Trends
Real estate market trends reflect that there have been 99 transactions over the past year in Coal City. The median value for residential home transactions that occurred over the previous year is $273,782. The number of current listings in Coal City is 78, and the percentage of properties for sale in the city is 78.00%. Coal City, IL currently has 7 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 78 properties for sale.
Coal City, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60416 | $ 280,206 $ 193/sqft |
Housing Market Summary for Coal City, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $274.9K | -3.53% |
| Median Sold Price | $302.4K | $306.6K | 1.38% |
| Homes For Sale | 41 | 76 | 85.37% |
| Homes Sold | 48 | 51 | 6.25% |
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 Coal City, IL
Browse Homes in Coal City, IL
Coal City home values range from $145,640 to $741,588. The median estimated value of a home in Coal City is $273,782. The median list price of a home is 279,900, and the total count of properties in the city is 152.
- Pre-ForeclosurePre-foreclosure homes account for 1.97% of all residential properties in Coal City, IL with 60416 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Coal City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $340,276 in 60416 to the lowest home value of $207,048 in 60416.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Coal City, IL ranges from the highest value of $210,000 in 60416 to the lowest value of $146,044 in 60416. Bank owned homes and properties account for 1.32% of properties in Coal City, IL. There is 1 zips within Coal City, IL; 60416 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60416 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Coal City, IL. Auction homes and other auction properties account for 1.32% of all properties in Coal City, IL. There is 1 zips within Coal City, IL; of that zips, the median estimated home value for homes going to auction ranges from $263,324 in 60416 to the lowest value of $175,878 in 60416.
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Guide for Coal City, IL
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.
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