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These days, finding an affordable place to live in the Coal City area can be challenging. Home prices in Coal City are now at a median cost of $243,324, lower than the Illinois average of $300,242.
The average cost of rent is $1,182/mo in Coal City, primarily driven by the current value of real estate in the Coal City area. In Coal City, 23.35% of households rent, and 42.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coal City is $6,988 per month. Households that rent pay about 16.92% of their income on rent here. Coal City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carbon Hill, IL: higher priced homes
- Eileen, IL: less expensive homes
- Diamond, IL: higher priced homes
- Braidwood, IL: less expensive homes
- Godley, IL: less expensive homes
- Braceville, IL: less expensive homes
- Lorenzo, IL: higher priced homes
- Lakewood Shores, IL: higher priced homes
- Gardner, IL: less expensive homes
- Mazon, IL: less expensive homes
Cities with Similar Populations
- Cross City, FL: less expensive homes
- Decatur, TN: less expensive homes
- Violet, LA: less expensive homes
- Viroqua, WI: equally priced homes
- Dansville, NY: less expensive homes
- Waikoloa, HI: higher priced homes
- Dale, TX: higher priced homes
- Dadeville, AL: higher priced homes
- Walbridge, OH: less expensive homes
- Waleska, GA: higher priced homes
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