Coal Valley, IL housing market
Homes typically sell in 41 days, close to asking.
Home values, sales, trends and how Coal Valley compares with the towns next door — updated as new data is published.
Coal Valley at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Home prices up 38% in 5 years
The federal house price index for the ZIP code around Coal Valley rose 38% over the past 5 years, slower than across Illinois (47%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Coal Valley home at roughly $309,000 today.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +0.1% | +81% | +96% |
| 2024 | +7.8% | +81% | +85% |
| 2023 | +5.3% | +68% | +73% |
| 2022 | +15% | +59% | +61% |
| 2021 | +5.3% | +38% | +44% |
| 2020 | −0.9% | +31% | +33% |
| 2019 | +4.7% | +32% | +32% |
| 2018 | +2.7% | +26% | +28% |
| 2017 | +0.2% | +23% | +25% |
| 2016 | +0.8% | +23% | +22% |
| 2015 | +2.1% | +22% | +19% |
| 2014 | +1.1% | +19% | +15% |
| 2013 | +1.4% | +18% | +11% |
| 2012 | −2% | +17% | +11% |
| 2011 | +0.3% | +19% | +14% |
| 2010 | −1.7% | +19% | +21% |
| 2009 | −2.1% | +21% | +29% |
| 2008 | +4.2% | +23% | +40% |
| 2007 | +1.4% | +18% | +45% |
| 2006 | −0.8% | +17% | +43% |
| 2005 | +5.9% | +18% | +35% |
| 2004 | +5.8% | +11% | +24% |
| 2003 | 0% | +5% | +15% |
| 2002 | +1.9% | +5% | +11% |
| 2001 | +3% | +3% | +5.6% |
| 2000 | — | — | — |
How Coal Valley ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 61240, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
1 new home permitted in 2025
Builders were permitted 1 new home in Coal Valley in 2025. That's 0.2 per 1,000 residents, slower than across Illinois (1.6). Over the past 10 years, Coal Valley has permitted 50 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Coal Valley gained 130 residents while 85 new homes were permitted: about 1.5 new residents per new home. Building and growth moved roughly in step.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $353,000 |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 6 | 6 | 0 | $1.8 million |
| 2022 | 5 | 5 | 0 | $1.4 million |
| 2021 | 9 | 9 | 0 | $3.5 million |
| 2020 | 8 | 8 | 0 | $3.1 million |
| 2019 | 3 | 3 | 0 | $437,000 |
| 2018 | 5 | 5 | 0 | $1 million |
| 2017 | 4 | 4 | 0 | $1.9 million |
| 2016 | 8 | 8 | 0 | $2.3 million |
| 2015 | 7 | 7 | 0 | $1.6 million |
| 2014 | 11 | 11 | 0 | $3.7 million |
| 2013 | 14 | 14 | 0 | $3.6 million |
| 2012 | 11 | 11 | 0 | $2.2 million |
| 2011 | 12 | 12 | 0 | $2.5 million |
| 2010 | 10 | 10 | 0 | $2 million |
| 2009 | 6 | 6 | 0 | $958,000 |
| 2008 | 7 | 7 | 0 | $1.2 million |
| 2007 | 16 | 16 | 0 | $3.1 million |
| 2006 | 19 | 19 | 0 | $3.4 million |
| 2005 | 42 | 42 | 0 | $7.3 million |
| 2004 | 23 | 23 | 0 | $4 million |
| 2003 | 37 | 37 | 0 | $5.5 million |
| 2002 | 26 | 26 | 0 | $4.2 million |
| 2001 | 31 | 31 | 0 | $4.5 million |
| 2000 | 36 | 36 | 0 | $5.2 million |
Coal Valley's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Coal Valley ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Coal Valley and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Coal Valley | +0.1%† | $1,710 | 1 | $106,850 |
| Moline | −0.2%† | $1,180 | 83 | $67,701 |
† FHFA price index change, where Zillow has no home value for the town.
2 years of income
The typical Coal Valley home costs about 2 years of the town's median household income, less than across Illinois (3.6 years).
How Coal Valley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,710
HUD's Fair Market Rent for a two-bedroom in Coal Valley is $1,710 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 19% of the town's median household income.
Studio $1,220 · 4 bedrooms $2,720
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61240; Davenport-Moline-Rock Island, IA-IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.