Median home value in zip code 60416 (Coal City, IL) is $280,838, up 3.6% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$280,838

YoY Change

+3.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 60416 (Coal City).

Income (annual)

Down Payment

$56,168 on $280,838

Example: $75,000 household income. Change it above to see your own.

Stretch33% of income

Above 28% but manageable with cuts.

PITI$2,062

P/I33%

Afford$238K

Gap-$42K

P&I $1,420Tax $491Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

60416 is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Chicago-Naperville-Elgin, IL-IN-WI analysis

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