Is Chillicothe, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chillicothe is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Chillicothe has remained a Seller's Market.

Key Takeaway

Chillicothe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Chillicothe, OH cost?

Median Sold Price

$179,950

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$9,000(+5.3%)

Key Takeaway

Homes in Chillicothe have sold for 5.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $119K-
N/A
2 $115K$131K
+13.9%
3 $177.4K$176K
-0.8%
4 $230.5K$244.2K
+6.0%
5+ $296.7K$375K
+26.4%

Median Sold Price Compared To Nearby Cities

Chillicothe
+5.3%
Scioto Township
+4.3%

How many homes are available in Chillicothe, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
19190.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 32
-33.3%
3 811
+37.5%
4 53
-40.0%
5+ 33
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chillicothe, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
23 Days9 Days-60.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chillicothe are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Chillicothe, OH

Chillicothe, OH has 19 homes on the market. The median list price of listings available in December 2022 was $179,950, while the average time on the real estate market was 9 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 13.9% more expensive, 3 bedrooms properties became 0.8% more cheaper, 4 bedrooms properties became 6% more expensive, 5 bedrooms properties prices increased by 26.4%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 33.3%, the quantity of 3 bedrooms homes went up by 37.5%, the quantity of 4 bedrooms homes went down by 40%, 5 bedrooms homes did not move. Chillicothe, OH housing market in December 2022 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 3 sold below.