Chillicothe is a charming community located in Peoria County.

This community is ideal for the home buyer who wants to balance big city life with a quiet rural setting.

For instance, while this Illinois community only had a population of 6,000 as of the 2000 Census, it’s also located just 15 minutes from all the amenities that the larger downtown Peoria has to offer.

Chillicothe also boasts an amazing public school system.  The Illinois Valley Central School District 321 consists of 3 elementary schools, 2 junior high schools and one high school.

And the surrounding terrain makes Chillicothe an ideal place to enjoy an array of recreational amenities throughout the year, including boating, waterskiing, fishing, hunting, snowmobiling, and more.

What’s more, Chillicothe is well-known for its healthy and diversified local economy, which balances commercial and residential growth.

So if you’re  thinking about investing in Chillicothe real estate, I can understand why!

But before you start your search for your dream home, I recommend you continue reading to learn about current market activity in Chillicothe.  This valuable information will help you get a good idea of what to expect as you navigate the market.

 Chillicothe Homes for Sale

Here’s an overview of the current state of the Chillicothe real estate market:

  • Currently there are 77 resale and new homes on the market, including 4 homes in the pre-foreclosure, auction or bank-owned stages.
  • Between August and October, the median sales price for Chillicothe homes was $112,500, down 14 percent when compared to last year.
  • Last year, the median sales price was $130,750.
  • During the week ending on Nov. 9, the average listing price for homes was $166,907, down 1 percent from the week before.
  • Over the last five years, median sales prices on Chillicothe homes have appreciated 2.3 percent.

Investing in Chillicothe Real Estate

If you’re ready to take the next step toward owning your own Chillicothe home, then contact me, Mary Ann Knell, today.

I’ll be happy to tell you about all the wonderful Chillicothe residential neighborhoods as well as let you know about available listings.

In the meantime, feel free to check out these helpful home buying resources:

Until next time,

Mary Ann