HomeInsuranceQts

Home Insurance in Coal City, Illinois

Homes in Coal City carry a median value of $201,600 - 26% lower than the Grundy County median.

The typical home in Coal City was built around 1985. About 28% of homes were built before 1960, about 8 points above Grundy County's 20%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

Housing in Coal City breaks down to 87% single-family homes and 2% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Coal City, about 54% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Coal City has an owner-occupancy rate of 77% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.

83% of homes in Coal City are primarily heated with natural gas.

FEMA rates Grundy County's overall risk as Relatively Low, led by tornado (Relatively Moderate). Grundy County had 167 active NFIP flood policies as of September 2026. See the full Grundy County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Illinois is $1,480 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$201,600
Median year built1985
Owner-occupied share77%
Share of owner-occupied homes with a mortgage54%
Top county hazardTornado (Relatively Moderate)
Active NFIP policies in Grundy County167
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Coal City, IL

Nearby towns

Sources

Data last updated: 2026-09-29