Zip 60416 (Coal City, IL) Housing

Housing in 60416 Coal City, IL is an attractive investment opportunity due to the median value being lower than the US average. At $231,600, it is approximately 69% of the US median value of $338,100. Additionally, appreciation for homes in Coal City is higher than the US average at 9.35%, compared to 8.27%. With these figures, investing in Coal City’s housing market could be a sound decision for those looking for a steady return on their investment.

The median home cost in Coal City (zip 60416) is $231,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Coal City (zip 60416) is up 13.7%.

Average Age of Homes

- The median age of Coal City (zip 60416) real estate is 34 years old

The Rental Market in Coal City (zip 60416)

- Renters make up 23.0% of the Coal City (zip 60416) population
- 0.0% of houses and apartments in Coal City (zip 60416), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Coal City, Illinois	United States
	4,016.0	139,647,020.0
	37	42
	$231,600	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$18.97	$10.98
	$3,630	$2,690
	75.2%	57.4%
	2.6%	11.2%
	22.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	7.2%	2.6%
	1.2%	2.4%
	0.4%	2.8%
	0.9%	3.9%
	1.3%	4.5%
	16.3%	11.3%
	26.2%	13.0%
	28.8%	20.1%
	11.8%	13.6%
	2.7%	8.3%
	1.6%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.1%	13.6%
	18.1%	13.6%
	19.2%	13.6%
	6.3%	13.2%
	19.0%	14.8%
	19.2%	13.6%
	7.4%	10.0%
	3.4%	4.7%
	9.5%	12.2%

Reviews for Coal City

See all (0)

Write a Review

Start Your Review of Coal City

Commute