The housing market in Coal City, IL is thriving with a median value of $216,900 which is significantly lower than the U.S. median value of $338,100. The 1 year house appreciation in Coal City is also higher than the U.S., at 9.35%, indicating that the city has seen significant growth over the past year. This makes Coal City an attractive option for home buyers who are looking to get into the real estate market but don’t want to pay sky-high prices in other cities.
The median home cost in Coal City is $216,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Coal City is up 13.7%.
Average Age of Homes
- The median age of Coal City real estate is 41 years old
The Rental Market in Coal City
- Renters make up 21.1% of the Coal City population
- 0.0% of houses and apartments in Coal City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.