Coal City, IL, Real Estate
Coal City, Illinois, is a charming village located primarily in Grundy County, with a small portion extending into Will County, roughly 60 miles southwest of Chicago. Incorporated in 1881, the village was named for its rich coal mining history, which began with the discovery of coal reserves in 1820. With a population of approximately 5,218 as of recent estimates, Coal City offers a suburban-rural mix, characterized by a tight-knit community, highly rated public schools, and a variety of recreational opportunities, including access to nearby lakes, the Kankakee and Des Plaines rivers, and activities like camping, fishing, and boating. The village’s economy has evolved from coal mining to include manufacturing and proximity to power plants like the Dresden Nuclear Power Plant, and it remains a welcoming place to live, work, and play, with convenient access to major interstates and the cultural attractions of Chicago just an hour away.
Coal City currently has 17 single family homes for sale with an average list price of $294,488.24, 2 condos for sale with an average list price of $205,000, and 7 lots for sale with an average list price of $393,400. The average annual property tax for Coal City is $3,984.21.
Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Coal City, i.e. what's hot and what's not.
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Recent Sales
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Subdivisions
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Big Timber Estates is a townhouse and single-family home community in Coal City, Illinois, built between 1966 and 2005. It currently has no homes for sale. The homes range in size from 1,082 ft2 to 1,568 ft2. The average annual property tax for Big Timber Estates is $3,698.30. It is located in Grundy County.
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Buchanan is a single-family home community in Coal City, Illinois, built between 1900 and 2017. It currently has no homes for sale. The homes range in size from 720 ft2 to 1,840 ft2. The average annual property tax for Buchanan is $3,330.97. It is located in Grundy County.
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Median Price: $182,500 |
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Coalfield Estates is a single-family home community in Coal City, Illinois, built in 1991. It currently has no homes for sale. The homes have an average size of 1,848 ft2. The average annual property tax for Coalfield Estates is $6,159.
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Median Price: $355,900 |
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Crossroads is a subdivision in Coal City, Illinois. It currently has no homes for sale. It is located in Grundy County.
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Goose Lake is a single-family home community in Coal City, Illinois, built between 1970 and 2020. It currently has no homes for sale. The homes range in size from 1,100 ft2 to 3,400 ft2. The average annual property tax for Goose Lake is $5,302.81. It is located in Grundy County. Goose Lake is a single family home subdivision. Goose Lake is located in Coal City, Illinois south of Pine Bluff Road and east of Jugtown Road.
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Median Price: $494,000 |
Show all 12 Subdivisions
Subdivisions
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Market Trends
Coal City home sales for the month of June rose in volume by 100% when compared to last year, while the median sale price rose by 51.7% from $175,000 to $265,500. House sales rose by 100%, while the median sale price rose by 51.7% from $175,000 to $265,500.
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79
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59
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2022 |
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2024 |
$205,000
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$205,000
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$243,000
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$264,900
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Median Sale Price for Coal City
Number of Sales for Coal City
Market Trends
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Real Estate News
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Coal City had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, and ...
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Coal City had only 1 new home for sale during the week of Friday, July 18 to Thursday, July 24, including and it was a condo for sale with a ...
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Coal City had only 1 sale during the week of Tuesday, July 15 to Monday, July 21, including and it was a single family home for sale with a list ...
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Coal City had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, and ...
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Coal City had only 1 new home for sale during the week of Friday, July 11 to Thursday, July 17, including and it was a single family home for sale ...
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Real Estate News
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