60416
Coal City, Illinois.
Coal City, Grundy County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 9,550
to buy the typical home at today's mortgage rate — +$786 (+103%) since Jan 2020.
- 1 year
- Up $11,975 +4%
- $282,823$294,797 since Sep 2025
- 5 years
- Up $61,401 +26%
- $233,396$294,797 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 60416$1,547
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in zip 60416 rose 4.2% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Grundy County, IL 96% · Will County, IL 4%
Zillow also publishes an index for the city itself: Coal City, IL — measured over the city limits, which is a different area from this zip.
Asking rent — 60416
Against the Chicago-Naperville-Elgin, IL-IN-WI metro and the national benchmark.
- 60416$1,350
- Chicago$2,163
- United States$1,932
Typical home value — 60416
Mid-tier homes, smoothed and seasonally adjusted.
- 60416$294,797
- Chicago$355,650
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.8 | 60408 | Braidwood | 5,327 | — | $286,884 |
| 4.5 | 60407 | Braceville | 1,812 | — | $223,884 |
| 7.3 | 60444 | Mazon | 1,901 | — | $273,636 |
| 7.9 | 60481 | Wilmington | 11,195 | — | $273,460 |
| 8.1 | 60474 | South Wilmington | 663 | — | $194,559 |
| 9.1 | 60424 | Gardner | 2,153 | — | $235,237 |
| 9.4 | 60410 | Channahon | 14,239 | — | $387,325 |
| 9.5 | 60450 | Morris | 20,783 | $1,574 | $314,542 |
| 10.3 | 60935 | Essex | 1,259 | — | $289,970 |
| 12.8 | 60421 | Elwood | 3,649 | — | $320,882 |
| 13.1 | 60479 | Verona | 671 | — | $353,661 |
| 13.2 | 60961 | Reddick | 740 | — | $256,998 |
| 13.6 | 60447 | Minooka | 16,102 | — | $373,465 |
| 15.2 | 60404 | Shorewood | 20,385 | — | $416,478 |
| 15.2 | 60913 | Bonfield | 1,683 | — | $317,969 |
| 15.8 | 60436 | Joliet | 19,423 | $2,098 | $227,031 |
| 15.9 | 60420 | Dwight | 4,682 | — | $211,131 |
| 17.0 | 61360 | Seneca | 3,610 | — | $231,795 |
| 17.0 | 60431 | Joliet | 27,138 | $2,700 | $354,149 |
| 17.7 | 60917 | Buckingham | 449 | — | $267,038 |
| 18.0 | 60442 | Manhattan | 13,753 | — | $399,412 |
| 18.9 | 60433 | Joliet | 16,382 | $1,395 | $211,926 |
| 19.1 | 60435 | Joliet | 48,167 | $1,526 | $276,656 |
| 19.3 | 60586 | Plainfield | 47,834 | $3,147 | $392,406 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.