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Preforeclosure Homes in Chillicothe, IL

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Chillicothe, IL Foreclosures

How much do homes sell for in Chillicothe, IL?
The average home price is currently $204,790.
In Chillicothe, IL, how many homes are available?
There are currently 32 active home listings available in Chillicothe.
What’s the average rental cost in Chillicothe, IL?
The average rental price in Chillicothe is $1,262.
What is the most expensive home in Chillicothe?
The most expensive home sold in Chillicothe had a price of $6,264,975.
What is currently the cheapest priced home in Chillicothe, IL?
The cheapest home for sale in Chillicothe is priced at $17,506.

Living in Chillicothe, IL

Chillicothe, Illinois is a friendly town located along the Illinois River, offering a picturesque small-town lifestyle with strong community bonds. It boasts quality schools, ample parks, and local events that enhance the sense of belonging among residents. Ideal for families and commuters alike, Chillicothe offers easy access to urban amenities while maintaining its serene charm.

Current Market Conditions in Chillicothe, IL

The real estate market in Chillicothe is currently experiencing a steady growth trend with an increase in home values due to demand. Homes in the area are typically appealing to families and young professionals looking for proximity to larger cities while enjoying a relaxed environment. Inventory remains moderately low, contributing to a competitive market, especially in popular neighborhoods.

As of the last quarter, homes in Chillicothe are averaging a list price increase of around 4% year-over-year. The market’s resilience is attributed to the town's amenities, schooling options, and community spirit, attracting newcomers to the area.

Home Value Estimator For Chillicothe, IL

There are currently 4,550 real estate properties in Chillicothe, IL, with a median automated valuation model (AVM) price of $170,285.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chillicothe, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chillicothe, IL, is $204,790.00, with the most expensive house in Chillicothe, IL, topping out at $6,264,975.00 and the cheapest home in Chillicothe, IL, clocking in at $17,506.00. In other words, there’s something for every potential homebuyer or savvy investor in Chillicothe, IL!

Rent Prices In Chillicothe, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chillicothe, IL, is on a rollercoaster ride. The average rent price in Chillicothe, IL, is $1,262.00. Indeed, when looking to rent in Chillicothe, IL, you can expect to pay as little as $450.00 or as much as $2,410.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Chillicothe, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chillicothe, IL Preforeclosure Homes


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