Real Estate Market Update for Coal City, IL

Video: Real Estate Community Tour for Coal City, IL

See Real estate community tour for Coal City, IL
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 5% from one year earlier, and up 5% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 130-thousand dollars. The number of units sold decreased 33% year-over-year, and decreased 43% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Coal City, IL
Area Information for Coal City, IL
  • Population: 5,762
  • Median Age: 34.17 yr
  • Median Commute Time: 23.31 mins
  • Educational Climate*: 3
  • Sales Tax: 6.25%
  • Population Density: 1,175/sq mi
  • Population Change Since 2000: 19.39%
  • Closest Airport: Chicago Midway International
  • Closest College: University Of Saint Francis
  • Closest Jr. College: Joliet Junior College
  • Median Household Income: $64,975
  • Annual Residential Turnover: 13.56%
  • Median Years in Residence: 4.55 yr
  • Median Home Sales Price: $132,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Coal City, IL
Median Age: 34.17 Married: 31% Number of Households: 2,250 Households with Children: 933
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Coal City, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Coal City Elementary School 0.4 mi Public 2-3 4-5 4
      Coal City Intermediate School 0.6 mi Public 4-5 4-5 4
      Coal City High School 1.2 mi Public 9-12 4 3
      Coal City Middle School 1.4 mi Public 6-8 4 4
      Coal City Early Childhood Center 1.7 mi Public PRESCHOOL-1 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Coal City, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.