Zip 61240 (Coal Valley, IL) Housing

In 61240 Coal Valley, IL the median value of a home is $217,600. This is significantly lower than the US median home value of $338,100. Despite this, homeowners in this area still saw a significant increase in their home values; over the last year, home values in 61240 Coal Valley have appreciated by 6.99%, which is slightly below the national average appreciation rate of 8.27%. Clearly, housing in this area remains in demand despite its lower price point and residents are benefiting from a healthy housing market.

The median home cost in Coal Valley (zip 61240) is $217,600. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Coal Valley (zip 61240) is up 8.3%.

Average Age of Homes

- The median age of Coal Valley (zip 61240) real estate is 43 years old

The Rental Market in Coal Valley (zip 61240)

- Renters make up 6.6% of the Coal Valley (zip 61240) population
- 0.0% of houses and apartments in Coal Valley (zip 61240), 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 Valley, Illinois	United States
	2,644.0	139,647,020.0
	46	42
	$217,600	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$21.98	$10.98
	$4,360	$2,690
	82.3%	57.4%
	6.8%	11.2%
	10.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	0.0%	2.4%
	1.1%	2.8%
	2.3%	3.9%
	4.6%	4.5%
	15.9%	11.3%
	20.6%	13.0%
	35.2%	20.1%
	9.0%	13.6%
	2.4%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.4%	0.2%
	10.7%	13.6%
	10.7%	13.6%
	10.5%	13.6%
	7.4%	13.2%
	21.4%	14.8%
	10.5%	13.6%
	13.1%	10.0%
	2.9%	4.7%
	5.5%	12.2%

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