$1,478 Closing Credit¹
#PA1255710, Jeannie Quick, Listing Office: Sunflower Real Estate Group, LLC
Chillicothe Housing Market Report January 2025•Peoria County, Illinois
Housing Prices in Chillicothe, IL
How much do homes in Chillicothe, IL cost?
Housing Market Conditions
Is Chillicothe, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Chillicothe is a Seller's Market
Difference Since January 2024
Since last year, Chillicothe has remained a Seller's Market.
Insight
Chillicothe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$170,500$100/SqFt
+$10,600
+6.6%
Based on all homes sold in the last 12 months
Insight
Homes in Chillicothe have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Chillicothe was $170,500 in January 2025, up 6.6% from last year, and the median price per square foot was $100.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Chillicothe Township | $158K | $176K | +11.4% |
| Chillicothe | $159.9K | $170.5K | +6.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $50.5K | $40K | -20.8% |
| 22 Bedrooms | $97K | $105.5K | +8.8% |
| 33 Bedrooms | $157K | $170.5K | +8.6% |
| 44 Bedrooms | $232.5K | $263K | +13.1% |
| 55+ Bedrooms | $192.5K | $341K | +77.1% |
Summary: Chillicothe housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -20.8%. The home price for 2 bedroom homes increased by +8.8%. The home price for 3 bedroom homes increased by +8.6%. The home price for 4 bedroom homes increased by +13.1%. The home price for 5 bedroom homes increased by +77.1%.
Housing supply in Chillicothe, IL
How many homes are available in Chillicothe, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthJan 2025 | ||
| 192 months agoDec 2024 | +26.3 % Change MoMDec – Jan |
Summary: The Chillicothe real estate market had 24 homes for sale in Jan 2025, a 26.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 42 months agoDec 2024 | +75.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 8 | 13 | +62.5% |
| 44 Bedrooms | 5 | 4 | -20.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Chillicothe housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +62.5%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Chillicothe, IL cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Chillicothe, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Chillicothe in January 2025, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and and 29% were sold over asking.
Days on Market for Chillicothe, IL
How long does it take to sell a home in Chillicothe, IL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Chillicothe are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 7 homes were sold in Chillicothe; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 27 DaysThis YearJan 2025 | ||
| 49 Days1 year agoJan 2024 | -45.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Chillicothe had an average listing age of 27 days in Jan 2025, down by 45.2% compared to the previous year.
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Newest Listings in Chillicothe, IL
What homes are available in Chillicothe, IL?
$2,018 Closing Credit¹
#PA1255604, Donna Fauntleroy, Listing Office: Coldwell Banker Real Estate Group
$711 Closing Credit¹
#PA1255579, Angie Powers, Listing Office: Keller Williams Revolution.
$2,077 Closing Credit¹
#PA1255513, Tao Albritton, Listing Office: Professional Leasing Services
$4,928 Closing Credit¹
#PA1255087, Adam Merrick, Listing Office: Adam Merrick Real Estate
$3,739 Closing Credit¹
#PA1254184, Rich Gillespie, Listing Office: Re/Max Traders Unlimited
$2,078 Closing Credit¹
#PA1253996, Ric Krupps, Listing Office: RE/MAX Traders Unlimited
$2,314 Closing Credit¹
#PA1253961, Adam Merrick, Listing Office: Adam Merrick Real Estate
#PA1253908, Brock DeGood, Listing Office: Jim Maloof Realty, Inc.
$4,868 Closing Credit¹
#PA1253774, Jim Paul, Listing Office: Jim Maloof Realty, Inc.
$1,722 Closing Credit¹
#PA1253618, William Tompkins, Listing Office: EXP Realty, LLC
$5,332 Closing Credit¹
#PA1251711, Ryan Cannon, Listing Office: Re/Max Traders Unlimited
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 02/01/2023 - 02/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.