61240 Home Values & Market Trends

There are 71 homes currently listed for 61240. 61240 real estate market trends show that home prices range from $149,999 to $849,000, and the median sales price in the 61240 zip code is $277,313. The total number of properties sold within the past twelve months is 103. In 61240, 7 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 61240

Sep 2025September 2026Change
Median Listing Price$264.9K$289.9K9.44%
Median Sold Price$280.6K$274.2K-2.28%
Homes For Sale427066.67%
Homes Sold445422.73%
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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 61240

The median list price of a home in Coal Valley, is $277,313. A total of 71 properties are for sale, and the percentage of properties for sale in the zip code is 71.00%. The total count of 61240 properties is 133.

Foreclosure
There is 1 cities within 61240; within this cities, the median estimated home value for homes in foreclosure ranges from $402,849 in coal valley to the lowest value of $107,668 in coal valley. Foreclosure homes account for 5.00% of properties in 61240 with coal valley containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.51% of all residential properties in 61240 with coal valley containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61240; of that cities, the estimated home value for pre-foreclosure homes ranges from $402,849 in coal valley to the lowest home value of $107,668 in coal valley.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61240 ranges from the highest value of $365,820 in coal valley to the lowest value of $365,820 in coal valley. Bank owned homes and properties account for 0.75% of properties in 61240. There is 1 cities within 61240; coal valley containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61240. Auction homes and other auction properties account for 0% of all properties in 61240. There is 1 cities within 61240; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 53.38% of residential properties in 61240 with coal valley containing 71 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61240; homes for sale in that cities, have a range of median values from $875,000 in coal valley to the lowest value of $66,000 in coal valley.
    Sold Homes
    The median value for recently sold homes ranges from $624,040 in coal valley to the lowest price of $94,960 in coal valley. There is 1 cities within 61240. coal valley has 48 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 36.09% of properties in 61240.

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      Guide for 61240

      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.