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COAL CITY, IL 60416

Real Estate Market Report  ·  Grundy County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇧ 31.3% vs 16 last year
Pending
7
33% pending ratio
Median Price
$359,000
⇧ 1.2% vs $354,725 last year
Average Price
$355,271
⇩ 0.1% vs $355,622 last year
Days on Market
39
⇩ 22% vs 50 days last year

Market Context

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

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

Market Analysis

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

The COAL CITY, IL real estate market (60416) currently shows 21 active listings, with 7 pending sales. Homes are averaging 39 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 selling faster, averaging 39 days on market compared to 50 days last year.

The median listing price has risen 1.2% year-over-year, from $354,725 to $359,000.

Whether you are buying or selling in COAL CITY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 16 last year
  • Days on market: 39 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $359,000 (+1.2% YoY)
  • Average: $355,271 (-0.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.4 miles — 335 listings ($129,165,360 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60416Coal City, IL 604160.0 mi21$7,460,691$359,000$355,271
60407Braceville, IL 604074.5 mi2$990,000$495,000$495,000
60481Wilmington, IL 604817.9 mi38$13,861,564$267,450$364,778
60410Channahon, IL 604109.4 mi63$28,731,591$439,450$456,057
60935Essex, IL 6093510.3 mi3$1,248,900$339,000$416,300
60479Verona, IL 6047913.1 mi2$715,000$357,500$357,500
60404Shorewood, IL 6040415.2 mi39$17,805,957$444,900$456,563
60436Joliet, IL 6043615.8 mi43$10,302,198$229,200$239,586
61360Seneca, IL 6136017.0 mi5$3,242,375$479,450$648,475
60917Buckingham, IL 6091717.7 mi3$1,223,100$407,700$407,700
60433Joliet, IL 6043318.8 mi30$7,932,990$247,750$264,433
60586Plainfield, IL 6058619.3 mi81$34,653,744$422,500$427,824
60941Herscher, IL 6094120.4 mi5$997,250$202,450$199,450

Frequently Asked Questions

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

As of January 2026, there are 21 active listings in COAL CITY, IL (zip code 60416), compared to 16 the prior year.

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

The median listing price in COAL CITY, IL 60416 is $359,000 as of January 2026, a 1.2% increase from $354,725 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 39 days on the market before going under contract, compared to 50 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 January 2026, COAL CITY, IL 60416 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 50 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 $7,180 compared to a typical 5% commission on the median listing price of $359,000. 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.