$3,739 Closing Credit*
$314,900
2,530 SqFt
4 Beds
•2 Full Baths
Rich Gillespie, Listing Office: Re/Max Traders Unlimited
Is Chillicothe Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$172,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,050(+11.0%)
Key Takeaway
Homes in Chillicothe Township have sold for 11% more than they did a year ago.
Summary: The median home sold price in Chillicothe Township was $172,000 in October 2024, up 11% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50.5K | $40K | -20.8% |
| 2 Bedrooms | $92K | $103K | +12.0% |
| 3 Bedrooms | $155K | $159.7K | +3.1% |
| 4 Bedrooms | $220K | $263K | +19.5% |
| 5+ Bedrooms | $288.5K | $289.2K | 0.3% |
Summary: Chillicothe Township housing prices by bedroom type for October 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 3.1%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Chillicothe Township | $154.9K | $172K | +11.0% |
| Chillicothe | $160.4K | $168.5K | +5.0% |
| Lacon Township | $128.7K | $135K | +4.9% |
Housing Supply in Chillicothe Township, IL
How many homes are available in Chillicothe Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The Chillicothe Township real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Chillicothe Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 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. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Chillicothe Township in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 10 Days | -7.3% |
Summary: Homes in Chillicothe Township had an average of 10 days on market in Oct 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 14 homes were sold in Chillicothe Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.