Call or Text (240) SELL-123

COAL CITY, IL 60416

Real Estate Market Report  ·  Grundy County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The COAL CITY, IL real estate market (60416) currently shows 27 active listings, with 11 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 37 days last year.

The median listing price has fallen 15.5% year-over-year, from $395,000 to $333,725.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for COAL CITY, IL 60416 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 9,372  ·  Density: 158.6/mi²  ·  Median household income: $76,520

Typical home value: $223,642  ·  Homeownership: 77.7%

Market Overview

Active Listings
27
⇧ 22.7% vs 22 last year
Pending
11
41% pending ratio
Median Price
$333,725
⇩ 15.5% vs $395,000 last year
Average Price
$364,895
⇩ 6.7% vs $390,969 last year
Days on Market
41
⇧ 10.8% vs 37 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 9.2% vs $185/sqft last year
Median Home Size
1,645 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 22 last year
  • Days on market: 41 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $333,725 (-15.5% YoY)
  • Average: $364,895 (-6.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 422 listings ($153,131,555 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60416Coal City, IL 604160.0 mi20$7,029,940$366,500$351,497
60407Braceville, IL 604074.5 mi2$723,950$361,975$361,975
60481Wilmington, IL 604817.9 mi43$15,779,538$294,300$366,966
60424Gardner, IL 604249.2 mi5$2,186,875$433,000$437,375
60450Morris, IL 604509.5 mi42$15,454,278$319,000$367,959
60421Elwood, IL 6042112.8 mi13$5,901,116$342,500$453,932
60447Minooka, IL 6044713.6 mi49$19,609,261$359,999$400,189
60913Bonfield, IL 6091315.2 mi1$285,000$285,000$285,000
60420Dwight, IL 6042016.0 mi6$1,496,748$264,225$249,458
60431Joliet, IL 6043117.0 mi92$32,907,388$349,973$357,689
60442Manhattan, IL 6044218.0 mi43$18,977,104$439,000$441,328
60435Joliet, IL 6043519.1 mi99$29,659,113$296,225$299,587
60541Newark, IL 6054120.1 mi7$3,121,244$464,450$445,892

Frequently Asked Questions

How many homes are for sale in COAL CITY, IL 60416?

As of September 2026, there are 27 active listings in COAL CITY, IL (zip code 60416), compared to 22 the prior year.

What is the median home price in COAL CITY, IL 60416?

The median listing price in COAL CITY, IL 60416 is $333,725 as of September 2026, a 15.5% decrease from $395,000 the prior year.

How long do homes stay on the market in COAL CITY, IL?

Homes in COAL CITY, IL 60416 spend an average of 41 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in COAL CITY, IL 60416?

Based on current inventory and days-on-market data as of September 2026, COAL CITY, IL 60416 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 37 days last year.

How much can I save on real estate commission in COAL CITY, IL?

With SELL123.com's maximum 3% commission, sellers in COAL CITY, IL 60416 save an estimated $6,675 compared to a typical 5% commission on the median listing price of $333,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.