Coal City, IL Home Values & Market Trends

Real estate market trends reflect that there have been 87 transactions over the past year in Coal City. The median value for residential home transactions that occurred over the previous year is $244,108.07. The number of current listings in Coal City is 1, and the percentage of properties for sale in the city is 1.00%. Coal City, IL currently has 8 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 1 properties for sale.

Coal City, IL Real Estate Market Overview

ZipMedian Est. Value
60416

$ 289,297

$ 166/sqft

Housing Market Summary for Coal City, IL

Apr 2023March 2024Change
Median Listing Price$359K$210K-41.50%
Median Sold Price$237.5K$210K-11.58%
Homes For Sale20-100.00%
Homes Sold4439-11.36%
Price
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Homes For Sale
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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 Coal City, IL

Coal City home values range from $57,462 to $2,521,184. The median estimated value of a home in Coal City is $244,108.07. The median list price of a home is 274,900, and the total count of properties in the city is 2,012.

Foreclosure
There is 1 zips within Coal City, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $277,587 in 60416 to the lowest value of $85,000 in 60416. Foreclosure homes account for 0.00% of properties in Coal City, IL with 60416 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in Coal City, IL with 60416 containing 3 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 $203,777 in 60416 to the lowest home value of $85,000 in 60416.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Coal City, IL ranges from the highest value of $171,326 in 60416 to the lowest value of $171,326 in 60416. Bank owned homes and properties account for 0.05% of properties in Coal City, IL. There is 1 zips within Coal City, IL; 60416 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60416 has 5 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 0.20% 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 $277,587 in 60416 to the lowest value of $210,503 in 60416.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.05% of residential properties in Coal City, IL with 60416 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Coal City, IL; homes for sale in that zips, have a range of median values from $338,330 in 60416 to the lowest value of $238,194 in 60416.
    Sold Homes
    The median value for recently sold homes ranges from $494,099 in 60416 to the lowest price of $112,442 in 60416. There is 1 zips within Coal City, IL. 60416 has 60 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.89% of properties in Coal City, IL.

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      Guide for Coal City, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Coal City, IL

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