From January through December of 2017, there were 114 homes sold, with a median sale price of $152,500 - a 2.3% increase over the $149,000 median sale price for the previous year. There were 118 homes sold in Coal City in 2016.
The median sales tax in Coal City for 2017 was $3,223. In 2016, the median sales tax was $3,073. This marks an increase of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Coal City to other Grundy County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Channahon | 66 | 72 | -8.3% | $246,000 | $228,125 | 7.8% |
| Diamond | 24 | 27 | -11.1% | $220,000 | $225,000 | -2.2% |
| Minooka | 216 | 184 | 17.4% | $195,500 | $181,000 | 8% |
| Morris | 273 | 239 | 14.2% | $175,400 | $164,900 | 6.4% |
| Carbon Hill | 12 | 8 | 50% | $159,000 | $125,000 | 27.2% |
| Coal City | 114 | 118 | -3.4% | $152,500 | $149,000 | 2.3% |
| Mazon | 36 | 9 | 300% | $135,500 | $155,000 | -12.6% |
| Gardner | 31 | 30 | 3.3% | $129,000 | $110,000 | 17.3% |
| Verona | 6 | 4 | 50% | $112,250 | $320,000 | -64.9% |
| Braceville | 21 | 13 | 61.5% | $99,501 | $95,000 | 4.7% |
| South Wilmington | 20 | 8 | 150% | $68,750 | $86,250 | -20.3% |
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