$4,986 Closing Credit*
$419,900
3,094 SqFt
5 Beds
•3 Full Baths
Adam Merrick, Listing Office: Adam Merrick Real Estate
Is Chillicothe Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chillicothe Township has remained a Seller's Market.
Key Takeaway
Chillicothe Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chillicothe Township, IL
How much do homes in Chillicothe Township, IL cost?
Median Sold Price
$161,500
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,350(+2.1%)
Key Takeaway
Homes in Chillicothe Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Chillicothe Township was $161,500 in November 2024, up 2.1% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50.5K | $40K | -20.8% |
| 2 Bedrooms | $94K | $105.2K | +12.0% |
| 3 Bedrooms | $158.1K | $159.7K | +1.0% |
| 4 Bedrooms | $195K | $277.2K | +42.2% |
| 5+ Bedrooms | $192.5K | $289.2K | +50.3% |
Summary: Chillicothe Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes increased by 50.3%.
Median Sold Price Compared To Nearby Cities
| Lacon Township | $128.1K | $144.5K | +12.8% |
| Chillicothe Township | $158.1K | $161.5K | +2.1% |
| Chillicothe | $162.9K | $160.7K | -1.3% |
Housing Supply in Chillicothe Township, IL
How many homes are available in Chillicothe Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 26 | -31.6% |
Summary: The Chillicothe Township real estate market had 26 homes for sale in November 2024, a 31.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 24 | 13 | -45.8% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Chillicothe Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 45.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chillicothe Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Chillicothe Township in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Chillicothe Township, IL
How long does it take to sell a home in Chillicothe Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 40 Days | +48.1% |
Summary: Homes in Chillicothe Township had an average of 40 days on market in Nov 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chillicothe Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Chillicothe Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.