Is Chillicothe, OH 45601 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Chillicothe is a seller’s market. With about 3 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score60/ 100

More competitive than 62% of U.S. ZIP codes, and #250 of 489 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list28.3%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$161▲ +0.9% vs. last year

The Chillicothe housing market right now

In the three months ending August 31, 2026, 28% of homes in Chillicothe, OH 45601 sold above their list price, the typical home went under contract in 35 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 109 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (45 days then) and the median sale price fell 2% to $227,651. Overall, Chillicothe is more competitive than a year ago, so tougher for buyers.

Within Ross County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Chillicothe ranks #250 of 489 OH ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Bainbridge 45612 (0% sold over asking) or Adelphi 43101 (0% sold over asking), while Richmond Dale 45673 (100% sold over asking) and Kingston 45644 (50% sold over asking) are even more competitive.

Nearby markets

Adelphi 43101 $164 /sq ftBainbridge 45612Buyer’s market $147 /sq ftClarksburg 43115Seller’s market $121 /sq ftFrankfort 45628Balanced $194 /sq ft Browse all markets →

Where Chillicothe is

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Questions about Chillicothe real estate

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

A seller’s market: there were 3 months of supply in Chillicothe, OH 45601 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Chillicothe?

The typical home went under contract in 35 days in the latest three months.

Do homes in Chillicothe sell over asking?

28% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Chillicothe?

About 1.00% of a home’s value a year in Ross County, or roughly $4,000 on a $400,000 home.

What is the median home price in Chillicothe?

The median sale price was $227,651 in the three months ending August 31, 2026, about $161 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology