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COAL CITY, IL 60416

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

Market Analysis

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

The COAL CITY, IL real estate market (60416) currently shows 28 active listings, with 12 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 41 days last year.

The median listing price has risen 30.8% year-over-year, from $259,975 to $340,000.

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 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
28
⇧ 27.3% vs 22 last year
Pending
12
43% pending ratio
Median Price
$340,000
⇧ 30.8% vs $259,975 last year
Average Price
$327,862
⇧ 11.3% vs $294,537 last year
Days on Market
42
⇧ 2.4% vs 41 days last year

Price Per Square Foot

Median $/sqft
$192
⇧ 3.2% vs $186/sqft last year
Median Home Size
1,750 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 22 last year
  • Days on market: 42 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $340,000 (+30.8% YoY)
  • Average: $327,862 (+11.3% 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 April 2026, there are 28 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 $340,000 as of April 2026, a 30.8% increase from $259,975 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 42 days on the market before going under contract, compared to 41 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 April 2026, COAL CITY, IL 60416 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 41 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 $6,800 compared to a typical 5% commission on the median listing price of $340,000. 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.