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CHILLICOTHE, IL 61523

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHILLICOTHE, IL real estate market (61523) currently shows 33 active listings, with 14 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 96 days last year.

The median listing price has fallen 8.6% year-over-year, from $174,900 to $159,925.

Whether you are buying or selling in CHILLICOTHE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,356  ·  Density: 75.1/mi²  ·  Median household income: $70,304

Typical home value: $152,370  ·  Homeownership: 82.8%

Market Overview

Active Listings
33
⇧ 120% vs 15 last year
Pending
14
42% pending ratio
Median Price
$159,925
⇩ 8.6% vs $174,900 last year
Average Price
$186,419
⇩ 53.5% vs $400,833 last year
Days on Market
63
⇩ 34.4% vs 96 days last year

Price Per Square Foot

Median $/sqft
$111
⇩ 14% vs $129/sqft last year
Median Home Size
1,564 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 15 last year
  • Days on market: 63 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $159,925 (-8.6% YoY)
  • Average: $186,419 (-53.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.8 miles — 251 listings ($69,579,955 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61523Chillicothe, IL 615230.0 mi35$7,038,640$140,950$201,104
61565Sparland, IL 615658.0 mi2$452,350$226,175$226,175
61548Metamora, IL 615489.9 mi14$6,404,552$467,450$457,468
61615Peoria, IL 6161510.7 mi60$17,586,780$257,175$293,113
61570Washburn, IL 6157011.5 mi5$608,125$122,425$121,625
61616Peoria Heights, IL 6161611.9 mi15$5,039,580$200,400$335,972
61528Edwards, IL 6152813.9 mi8$3,211,400$449,900$401,425
61537Henry, IL 6153714.1 mi6$4,471,020$146,000$745,170
61603Peoria, IL 6160314.3 mi48$4,160,928$61,975$86,686
61571Washington, IL 6157115.8 mi42$14,188,062$263,675$337,811
61541La Rose, IL 6154116.3 mi0$0$75,000$75,000
61375Varna, IL 6137517.0 mi10$3,712,500$395,500$371,250
61517Brimfield, IL 6151717.8 mi6$2,706,018$499,250$451,003

Frequently Asked Questions

How many homes are for sale in CHILLICOTHE, IL 61523?

As of March 2026, there are 33 active listings in CHILLICOTHE, IL (zip code 61523), compared to 15 the prior year.

What is the median home price in CHILLICOTHE, IL 61523?

The median listing price in CHILLICOTHE, IL 61523 is $159,925 as of March 2026, a 8.6% decrease from $174,900 the prior year.

How long do homes stay on the market in CHILLICOTHE, IL?

Homes in CHILLICOTHE, IL 61523 spend an average of 63 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in CHILLICOTHE, IL 61523?

Based on current inventory and days-on-market data as of March 2026, CHILLICOTHE, IL 61523 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 96 days last year.

How much can I save on real estate commission in CHILLICOTHE, IL?

With SELL123.com's maximum 3% commission, sellers in CHILLICOTHE, IL 61523 save an estimated $3,199 compared to a typical 5% commission on the median listing price of $159,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.