Chillicothe IL Real Estate Market Update
February 2021

Let's take a look at the Chillicothe IL Real Estate Market trends over the past six months. This report consists of properties that are located in Chillicothe High School District. It includes all residential properties including single family and single family attached properties but does not include lots.

Chillicothe IL Real Estate - Homes for Sale

There are currently (02/01/2021) 38 properties for sale. The average days on market is 89 and the median days on market is 76 days. The average list price is $149,371 and the median asking price is $112,400.

Chillicothe homes that sold within the past 6 months

There have been 94 properties that have sold and closed within the last six months. The average original asking price was $162,420 and the final asking price (after price reductions) was $156,764. The average sales price was $152,641 so the final list price to sales price ratio was 97%. The median original asking price was $134,250 and the final median asking price was $132,450. The median sale price was $129,450 so the final median asking price to sales price ration was 98%.

The average days on market for sold properties was 54 days and the median days on market for sold properties was 16 days.

Chillicothe homes that did not sell

There were 27 homes that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.