It is of great significance for the monitoring and protection of the original ecological environment in coal mining areas to identify the ground subsidence and quantify its influence on the surface vegetation. The surface deformation and vegetation information were obtained by using spaceborne SAR and Landsat OLI images in the Xishan Coalfield. The relative change rate, coefficient of variation, and trend analysis methods were used to compare the vegetation growth trends in the subsidence center, subsidence edge, and non-subsidence zones; and the vegetation coverage was predicted by the pixel dichotomy and grey model from 2021 to 2025. The results indicated that the proportions of vegetation with high fluctuation and serious degradation were 6.60% and 5.64% in the subsidence center, and its NDVI values were about 10% lower than that in the subsidence edge and non-subsidence zones. In addition, vegetation coverage showed a wedge ascending trend from 2013 to 2020, and the prediction values of vegetation coverage obtained by GM (1,1) model also revealed this trend. The residuals of the predicted values were 0.047, 0.047, and 0.019 compared with the vegetation coverage in 2021, and the vegetation coverage was the lowest in the subsidence center, which was consistent with the law obtained by using NDVI. Research suggested that ground subsidence caused by mining activities had a certain impact on the surface vegetation in the mining areas; the closer to the subsidence center, the greater the fluctuation of NDVI, and the stronger the vegetation degradation trend; conversely, the smaller the fluctuation, and the more stable the vegetation growth.