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.

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Absorption Report

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

Subdivisions Median Price
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Big Timber Estates

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. ... Read more
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Buchanan

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. ... Read more
Median Price: $182,500
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Coalfield Estates

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. ... Read more
Median Price: $355,900
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Crossroads

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

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. ... Read more
Median Price: $494,000
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Subdivisions

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Market Trends

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Real Estate News

New Homes with Master Bedrooms on the 1st Floor in Coal City: July 19th to July 25th

New Homes with Master Bedrooms on the 1st Floor in Coal City: July 19th to July 25th - July 26, 2025

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 ... continue reading
New Homes For Sale This Week in Coal City: July 18th to July 24th

New Homes For Sale This Week in Coal City: July 18th to July 24th - July 25, 2025

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 ... continue reading
Homes Just Sold in Coal City: July 15th to July 21st

Homes Just Sold in Coal City: July 15th to July 21st - July 22, 2025

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 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Coal City: July 12th to July 18th

New Homes with Master Bedrooms on the 1st Floor in Coal City: July 12th to July 18th - July 19, 2025

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 ... continue reading
New Homes For Sale This Week in Coal City: July 11th to July 17th

New Homes For Sale This Week in Coal City: July 11th to July 17th - July 18, 2025

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 ... continue reading
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