Is Chillicothe, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$215,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chillicothe was $215,000 in March 2024, up 4.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96.7K | N/A |
2 Bedrooms | $140K | $170K | +21.4% |
3 Bedrooms | $187K | $201K | +7.5% |
4 Bedrooms | $294.9K | $268K | -9.1% |
5+ Bedrooms | $395K | $200K | -49.4% |
Summary: Chillicothe housing prices by bedroom type for March 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 7.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 49.4%.
Median Sold Price Compared To Nearby Cities
Springfield Township | $160K | $179.7K | +12.4% |
Chillicothe | $205K | $215K | +4.9% |
Scioto Township | $195K | $194.5K | -0.3% |
Housing Supply in Chillicothe, OH
How many homes are available in Chillicothe, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 69 | +1.5% |
Summary: The Chillicothe real estate market had 69 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 32 | 32 | 0.0% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chillicothe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Chillicothe in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 23 Days | +1.2% |
Summary: Homes in Chillicothe had an average of 23 days on market in Mar 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Chillicothe; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.