Comprehensive market data and analysis• Updated Oct 2026
8.4 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 3 | 4 |
| 1-2 acres | 1 | 1 | 2 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 6 | 7 |
Acreage buckets
The median price for land in Chillicothe, Illinois is currently $90K per acre. For a typical parcel, the median sale price is $29K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $66K.
Chillicothe, Illinois is currently a balanced market with 8.4 months of supply. Conditions favor neither buyers nor sellers significantly.
Chillicothe, Illinois currently has 8.4 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Chillicothe, Illinois averages $66K per acre. The median price per acre is $90K, which may be more representative of typical transactions. Most parcels sold are around 20,473 sq ft.
The current absorption rate in Chillicothe, Illinois is 11.9% (3-month basis), indicating moderate demand. The top-performing broker in this market is RE/MAX Traders Unlimited.
The median land price in Chillicothe, Illinois stands at $29K. This translates to roughly $90K per acre for the typical parcel size. The average price is $40K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Chillicothe, Illinois saw 7 properties sold, totaling $281K in sales volume. In just the last 3 months, 5 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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