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Coal City, IL

Full City Profile · Illinois · Grundy County County

3.3 /5.0
B Good
5,145 Population 892/sq mi density
$73,030 Median Income $42,064 per capita
$211,600 Home Value $259,805 Zillow
$1,064 Median Rent 27.9% income on rent
51°F Avg Temperature 275 sunny days/yr
75 Violent Crime/100K 543 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$73,030 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$211,600 home value, $1,064/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher

Housing Overview

Median Home Value
$211,600
25% below
US avg: $281,900
Median Rent
$1,064/mo
9% below
US avg: $1,163/mo
Homeownership Rate
80.7%
23% above US avg (65.4%)
Total Housing Units
2,144
Median year built: 1982

Home Value by Source

Census Median
$211,600
Zillow (ZHVI)
$259,805
Median Sale Price
$298,500
Median List Price
$269,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.7%
Owner-Occupied
19.3%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,064/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$197
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
80.7%

Complete Housing Data

Home Values

Census Median Value$211,600
Zillow Home Value (ZHVI)$259,805
Median Sale Price$298,500
Median List Price$269,950
Price Per Sq Ft$197

Rent

Census Median Rent$1,064
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market41
Sale-to-List Ratio0.9%
Price Drops14.3%
Homes Sold2
Active Inventory14
Price Per Sq Ft$197

Ownership & Stock

Owner-Occupied80.7%
Renter-Occupied19.3%
Homeownership Rate80.7%
Total Housing Units2,144
Median Year Built1982
Rent Burden27.9%