Market Overview
Home Prices in Chillicothe, MO
The median home value in Chillicothe, MO is $192,501 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 6.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chillicothe are priced53% below average.
Over the past five years, Chillicothe home values have risen by approximately38.7%, reflecting strong long-term appreciation in this market.
Price History
Chillicothe Home Price Trend
2020
$124,452
$124K
—
2021
$138,811
$139K
+11.5%
2022
$157,573
$158K
+13.5%
2023
$165,844
$166K
+5.2%
2024
$173,795
$174K
+4.8%
2025
$185,544
$186K
+6.8%
2026
$192,501
$193K
+3.7%
City Comparison
Chillicothe vs. National Median
🏠 Chillicothe
$192,501
National Median
$410,000
At $192,501, homes in Chillicothe cost 53% below the national median of $410,000. This makes Chillicothe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chillicothe?
20% Down Payment
$38,500
on $192,501
Monthly P&I
$1,004/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,275/mo
incl. taxes & insurance
Income Needed
$51,000
gross annual (30% rule)
10% Down Option
$19,250
+ PMI applies
Loan Amount (20% dn)
$154,001
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chillicothe, MO?
The median home value in Chillicothe is $192,501 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Chillicothe?
Over the past year, home values in Chillicothe have increased by 3.7%. Over five years, prices have risen approximately 38.7%.
How much do I need to earn to buy a home in Chillicothe?
To comfortably afford the median home price of $192,501 with a 20% down payment ($38,500) at today's rates (6.8%), you'd need a gross annual income of approximately $51,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Chillicothe compare to the national average home price?
The national median home value is approximately $410,000. At $192,501, homes in Chillicothe are 53% below the national average.