Comprehensive market data and analysis• Updated Dec 2025
48.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 6 |
Acreage buckets
The median price for land in Chillicothe, Illinois is currently $63K per acre. For a typical parcel, the median sale price is $25K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $57K.
Chillicothe, Illinois is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Chillicothe, Illinois currently has 48.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Chillicothe, Illinois averages $73K per acre. The median price per acre is $63K, which may be more representative of typical transactions. Most parcels sold are around 20,038 sq ft.
The current absorption rate in Chillicothe, Illinois is 2.1% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Traders Unlimited.
The median land price in Chillicothe, Illinois stands at $25K. This translates to roughly $63K per acre for the typical parcel size. The average price is $32K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Chillicothe, Illinois saw 8 properties sold, totaling $257K in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
