Yes! Modern Lit is a mini-genre in itself. Modern renditions of “old” literature have been widely successful.
The Percy Jackson series by Rick Riordan is one of the most popular example of this. About the children of Greek gods and mortals, named “half-bloods”, who roam modern-day Earth and possess special abilities. The series has been taught in schools since the release of its first novel in 2005. Two film adaptations have been screened in theaters throughout the U.S.