Is Chillicothe, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chillicothe was a Seller's Market.
Housing Prices in Chillicothe, OH
How much do homes in Chillicothe, OH cost?
Median Sold Price
$210,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chillicothe was $210,000 in April 2024, up 2.4% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96.7K | N/A |
2 Bedrooms | $140K | $170K | +21.4% |
3 Bedrooms | $186.4K | $199.9K | +7.2% |
4 Bedrooms | $294.9K | $266.5K | -9.6% |
5+ Bedrooms | $415K | $230K | -44.6% |
Summary: Chillicothe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 44.6%.
Median Sold Price Compared To Nearby Cities
Springfield Township | $169.9K | $179.6K | +5.7% |
Chillicothe | $205K | $210K | +2.4% |
Scioto Township | $196.5K | $190K | -3.3% |
Housing Supply in Chillicothe, OH
How many homes are available in Chillicothe, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 70 | +2.9% |
Summary: The Chillicothe real estate market had 70 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 31 | 34 | +9.7% |
4 Bedrooms | 17 | 13 | -23.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Chillicothe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Chillicothe in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Chillicothe, OH
How long does it take to sell a home in Chillicothe, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 34 Days | +68.8% |
Summary: Homes in Chillicothe had an average of 34 days on market in Apr 2024, up by 68.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Chillicothe; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.