Market Overview
Home Prices in Coal City, IN
The median home value in Coal City, IN is $220,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coal City are priced46% below average. Coal City is part of the Bloomington, IN metro area.
Over the past five years, Coal City home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Coal City Home Price Trend
City Comparison
Coal City vs. National Median
At $220,701, homes in Coal City cost 46% below the national median of $410,000. This makes Coal City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coal City?
20% Down Payment
$44,140
on $220,701
Monthly P&I
$1,151/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,462/mo
incl. taxes & insurance
Income Needed
$58,480
gross annual (30% rule)
10% Down Option
$22,070
+ PMI applies
Loan Amount (20% dn)
$176,561
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Coal City, IN?
The median home value in Coal City is $220,701 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Coal City?
Over the past year, home values in Coal City have increased by 8.7%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Coal City?
To comfortably afford the median home price of $220,701 with a 20% down payment ($44,140) at today's rates (6.8%), you'd need a gross annual income of approximately $58,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Coal City compare to the national average home price?
The national median home value is approximately $410,000. At $220,701, homes in Coal City are 46% below the national average.
What metro area is Coal City part of?
Coal City is part of the Bloomington, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.