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CHILLICOTHE, IL 61523

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

Market Analysis

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

The CHILLICOTHE, IL real estate market (61523) currently shows 35 active listings, with 13 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 85 days last year.

The median listing price has fallen 19.4% year-over-year, from $174,950 to $140,950.

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
35
⇧ 133.3% vs 15 last year
Pending
13
37% pending ratio
Median Price
$140,950
⇩ 19.4% vs $174,950 last year
Average Price
$201,104
⇩ 12.1% vs $228,728 last year
Days on Market
40
⇩ 52.9% vs 85 days last year

Price Per Square Foot

Median $/sqft
$111
⇩ 11.9% vs $126/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: 35 this year vs 15 last year
  • Days on market: 40 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $140,950 (-19.4% YoY)
  • Average: $201,104 (-12.1% 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 18.9 miles — 290 listings ($63,504,262 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61523Chillicothe, IL 615230.0 mi31$6,020,665$159,450$194,215
61565Sparland, IL 615658.0 mi1$189,900$189,900$189,900
61548Metamora, IL 615489.9 mi15$6,107,865$360,000$407,191
61615Peoria, IL 6161510.7 mi60$16,276,860$216,500$271,281
61570Washburn, IL 6157011.5 mi5$555,875$107,450$111,175
61616Peoria Heights, IL 6161611.9 mi14$5,599,538$269,000$399,967
61528Edwards, IL 6152813.9 mi6$2,390,550$449,900$398,425
61537Henry, IL 6153714.1 mi4$2,508,512$159,500$627,128
61603Peoria, IL 6160314.3 mi57$4,862,670$64,000$85,310
61571Washington, IL 6157115.8 mi38$11,983,870$219,900$315,365
61602Peoria, IL 6160216.8 mi23$5,049,443$212,450$219,541
61605Peoria, IL 6160517.4 mi33$1,298,715$37,450$39,355
61561Roanoke, IL 6156118.9 mi3$659,799$225,000$219,933

Frequently Asked Questions

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

As of February 2026, there are 35 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 $140,950 as of February 2026, a 19.4% decrease from $174,950 the prior year.

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

Homes in CHILLICOTHE, IL 61523 spend an average of 40 days on the market before going under contract, compared to 85 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 February 2026, CHILLICOTHE, IL 61523 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 85 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 $2,819 compared to a typical 5% commission on the median listing price of $140,950. 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.