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Brook Lawn Timber Ridge

COAL VALLEY, IL 61240

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61240

Brook Lawn · Timber Ridge

Market Analysis

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

The COAL VALLEY, IL real estate market (61240) currently shows 15 active listings, with 7 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 32 days on market compared to 17 days last year.

The median listing price has risen 5.6% year-over-year, from $300,000 to $316,700.

Whether you are buying or selling in COAL VALLEY, 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: 5,880  ·  Density: 62.3/mi²  ·  Median household income: $100,625

Typical home value: $232,013  ·  Homeownership: 91.6%

Market Overview

Active Listings
15
⇩ 16.7% vs 18 last year
Pending
7
47% pending ratio
Median Price
$316,700
⇧ 5.6% vs $300,000 last year
Average Price
$400,986
⇧ 3.9% vs $386,064 last year
Days on Market
32
⇧ 88.2% vs 17 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 33.3% vs $141/sqft last year
Median Home Size
1,798 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 18 last year
  • Days on market: 32 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $316,700 (+5.6% YoY)
  • Average: $400,986 (+3.9% 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 14.9 miles — 426 listings ($82,963,075 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61240Coal Valley, IL 612400.0 mi14$3,339,084$272,250$238,506
61265Moline, IL 612654.9 mi124$21,505,320$137,725$173,430
61239Carbon Cliff, IL 612395.3 mi9$2,756,565$335,000$306,285
61241Colona, IL 612417.2 mi20$4,007,840$233,500$200,392
61264Milan, IL 612648.6 mi20$6,426,300$158,725$321,315
61281Sherrard, IL 612819.8 mi6$1,475,442$268,750$245,907
52803Davenport, IA 5280310.1 mi90$13,574,160$134,450$150,824
61276Preemption, IL 6127610.6 mi1$113,900$113,900$113,900
61278Rapids City, IL 6127811.6 mi1$429,000$429,000$429,000
52802Davenport, IA 5280211.7 mi52$7,095,140$108,350$136,445
61275Port Byron, IL 6127513.9 mi4$4,833,452$532,500$1,208,363
61263Matherville, IL 6126314.1 mi3$494,700$164,900$164,900
52804Davenport, IA 5280414.9 mi82$16,912,172$168,225$206,246

Frequently Asked Questions

How many homes are for sale in COAL VALLEY, IL 61240?

As of June 2026, there are 15 active listings in COAL VALLEY, IL (zip code 61240), compared to 18 the prior year.

What is the median home price in COAL VALLEY, IL 61240?

The median listing price in COAL VALLEY, IL 61240 is $316,700 as of June 2026, a 5.6% increase from $300,000 the prior year.

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

Homes in COAL VALLEY, IL 61240 spend an average of 32 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in COAL VALLEY, IL 61240?

Based on current inventory and days-on-market data as of June 2026, COAL VALLEY, IL 61240 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 32 days on market compared to 17 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COAL VALLEY, IL 61240 save an estimated $6,334 compared to a typical 5% commission on the median listing price of $316,700. 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.