$170,000
5.00 Acres
Land
Diane Godwin-Luckey, Listing Office: RE/MAX Concepts Moline
Is Coal Valley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Coal Valley has remained a Seller'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
$275,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,000(+32.2%)
Key Takeaway
Homes in Coal Valley have sold for 32.2% more than they did a year ago.
Summary: The median home sold price in Coal Valley was $275,000 in November 2024, up 32.2% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $110.2K | $118.4K | +7.4% |
| 3 Bedrooms | $207.5K | $260K | +25.3% |
| 4 Bedrooms | $257K | $330K | +28.4% |
| 5+ Bedrooms | $410K | $433K | +5.6% |
Summary: Coal Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Coal Valley Township | $200.5K | $274.9K | +37.1% |
| Coal Valley | $208K | $275K | +32.2% |
| Colona Township | $171.5K | $191K | +11.4% |
| Moline | $148K | $154.9K | +4.7% |
Housing Supply in Coal Valley, IL
How many homes are available in Coal Valley, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Coal Valley real estate market had 15 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Coal Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coal Valley, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Coal Valley in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 19 Days | -33.5% |
Summary: Homes in Coal Valley had an average of 19 days on market in Nov 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coal Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Coal Valley; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.