Chillicothe home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Chillicothe fell by $17,550 while total sales decreased by 20%, according to

From July through September of 2020, there were 36 homes sold, with a median sale price of $97,950 - a 15.2% decrease over the $115,500 median sale price for the same period of the previous year. There were 45 homes sold in Chillicothe in the third quarter of 2019.

The median sales tax in Chillicothe for the most recent year with available data, 2018, was $2,288, approximately 2.3% of the median home sale price for the third quarter of 2020.

The following table compares Chillicothe to other Peoria County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Lake Camelot161233.3%$159,500$160,500-0.6%
Hanna City10666.7%$115,950$118,750-2.4%
Peoria Heights403129%$84,950$67,00026.8%
West Peoria3615140%$83,750$65,00028.8%

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