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Cheap Homes in Chillicothe, IL

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Chillicothe, IL Foreclosures

Current Market Conditions in in Chillicothe, IL As of February 2026?
Over the past month, the real estate market in Chillicothe has shown positive signs, with an increase in home showings and interest from potential buyers. Prices have remained competitive, encouraging a dynamic environment for sellers, while buyers are still finding good opportunities. The inventory level has remained stable, indicating a balanced market that caters to various buyer needs.
How much do homes sell for in Chillicothe, IL?
The average home price is currently $205,002.
In Chillicothe, IL, how many homes are available?
There are currently 13 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 $6,888,024.
What is currently the cheapest priced home in Chillicothe, IL?
The cheapest home for sale in Chillicothe is priced at $11,797.

Living in Chillicothe, IL

Chillicothe, IL is a delightful small town located near Peoria, IL. It features a strong sense of community, excellent local amenities, and beautiful outdoor spaces along the Illinois River. Ideal for families and nature lovers, Chillicothe offers both tranquility and accessibility to urban conveniences.

Buyer vs Seller Market in Chillicothe, IL

Currently, the real estate market in Chillicothe is stable with a modest level of activity. Homes are reasonably priced, making it an attractive option for first-time buyers as well as those looking to downsize. The appeal of the town's community and recreational facilities contributes to a steady demand for housing.

In recent months, there has been a slight uptick in interest in the Chillicothe area, especially among families looking for affordable housing options. While new listings are appearing, the market continues to encourage buyers to act quickly.

Home Value Estimator For Chillicothe, IL

There are currently 4,773 real estate properties in Chillicothe, IL, with a median automated valuation model (AVM) price of $165,027.00. 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 $205,002.00, with the most expensive house in Chillicothe, IL, topping out at $6,888,024.00 and the cheapest home in Chillicothe, IL, clocking in at $11,797.00. 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.

Cheap Homes in Chillicothe, IL

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