Is Coal Valley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Coal Valley was a Buyer's Market.
Key Takeaway
Coal Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coal Valley, IL
How much do homes in Coal Valley, IL cost?
Median Sold Price
$232,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Coal Valley have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Coal Valley was $232,000 in March 2024, up 20.8% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.5K | $50K | -41.5% |
| 2 Bedrooms | $114.7K | $110.5K | -3.7% |
| 3 Bedrooms | $164.9K | $225K | +36.4% |
| 4 Bedrooms | $370K | $307.4K | -16.9% |
| 5+ Bedrooms | $567K | $369.9K | -34.8% |
Summary: Coal Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.5%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes decreased by 34.8%.
Median Sold Price Compared To Nearby Cities
| Coal Valley Township | $190K | $230K | +21.1% |
| Coal Valley | $192K | $232K | +20.8% |
| Moline | $134.9K | $150K | +11.1% |
| Colona Township | $165K | $181K | +9.7% |
Housing Supply in Coal Valley, IL
How many homes are available in Coal Valley, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Coal Valley real estate market had 14 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Coal Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coal Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Coal Valley in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Coal Valley, IL
How long does it take to sell a home in Coal Valley, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 11 Days | 97 Days | +781.8% |
Summary: Homes in Coal Valley had an average of 97 days on market in Mar 2024, up by 781.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Coal Valley are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Coal Valley; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.