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Home values, rents and more in ZIP code 61240 (Coal Valley, IL)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$274,000
Metro: $195,000 · U.S.: $366,000
Home values, past year
+4.5%
Metro: +4.8% · U.S.: +1.2%
Population
5,795
ACS 2020–24
Median household income
$113,220
Metro: $72,738 · U.S.: $80,734
ZIP codes around 61240, shaded by typical home value612406126461273612746124461265612416120152802
  • Under $150k
  • $150k–$180k
  • $180k–$210k
  • $210k–$260k
  • $260k+
  • No data
ZIP codes around 61240, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 61240 is outlined.

How 61240 compares

The typical home in ZIP code 61240 (Coal Valley, IL) is worth about $274,000, according to the Zillow Home Value Index for September 2026. Home values in 61240 are 40% above the typical value in the Davenport metro area ($195,000) and 25% below the U.S. typical value ($366,000).

Over the past year, home values in 61240 rose 4.5%, compared with +4.8% in the Davenport metro area and +1.2% nationally.

The median household income is $113,220, against $72,738 in the Davenport metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 5,795 people live in 61240 (American Community Survey 2020–24).

61240 has the 13th-highest typical home value of the 53 ZIP codes in the Davenport metro area and the 341st-highest of 1,084 in Illinois with Zillow figures.

Part of: Coal Valley, IL · Henry County, IL · Davenport metro area · Illinois

More for 61240 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 61240 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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