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 16 single family homes for sale with an average list price of $406,156.25, 2 condos for sale with an average list price of $290,500, and 6 lots for sale with an average list price of $386,980. The average annual property tax for Coal City is $4,016.44.

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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 $3,754.98. 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 HOA fees range from $13 to $13 per month. 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
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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: November 22nd to November 28th

New Homes with Master Bedrooms on the 1st Floor in Coal City: November 22nd to November 28th - November 29, 2025

Coal City had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 22 to Friday, November 28, and ... continue reading
New Homes For Sale This Week in Coal City: November 21st to November 27th

New Homes For Sale This Week in Coal City: November 21st to November 27th - November 28, 2025

Coal City had 2 new homes for sale during the week of Friday, November 21 to Thursday, November 27, including including 1 condo for sale with a list price of ... continue reading
New Construction Homes For Sale This Week in Coal City: November 19th to November 25th

New Construction Homes For Sale This Week in Coal City: November 19th to November 25th - November 26, 2025

Coal City had only 1 new construction home during the week of Wednesday, November 19 to Tuesday, November 25, and it was a condo for sale with a list price ... continue reading
Homes Just Sold in Coal City: November 18th to November 24th

Homes Just Sold in Coal City: November 18th to November 24th - November 25, 2025

Coal City had 3 sales during the week of Tuesday, November 18 to Monday, November 24, including including 3 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in Coal City: November 14th to November 20th

New Homes For Sale This Week in Coal City: November 14th to November 20th - November 21, 2025

Coal City had only 1 new home for sale during the week of Friday, November 14 to Thursday, November 20, including and it was a single family home for sale ... continue reading
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