Chenoa, IL, Real Estate
Chenoa, Illinois, is a quaint small town in McLean County, located along historic Route 66, approximately 100 miles southwest of Chicago. With a population of around 1,800, Chenoa exudes classic Midwestern charm, featuring a tight-knit community and a rich history tied to its railroad and Route 66 heritage. The town’s downtown showcases nostalgic attractions like antique shops, a mural honoring its Mother Road connection, and the well-preserved Matthew T. Scott House, a historic landmark. Chenoa hosts annual events such as the Route 66 Red Carpet Corridor Festival, drawing visitors to its vintage diners and friendly atmosphere. Surrounded by fertile farmland, Chenoa offers a peaceful, affordable lifestyle with easy access to nearby Bloomington-Normal, making it a hidden gem for those seeking small-town living with a touch of history.
Chenoa currently has 6 single family homes for sale with an average list price of $244,200 and 2 lots for sale with an average list price of $17,500. The average annual property tax for Chenoa is $2,840.62.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Chenoa, i.e. what's hot and what's not.
See What's Hot & What's Not in Chenoa
Market Trends
Chenoa home sales for the month of August decreased in volume by 50% when compared to last year, while the median sale price rose by 27.7% from $138,250 to $176,500. House sales decreased by 40%, while the median sale price rose by 29.3% from $136,500 to $176,500.
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43
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45
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32
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28
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$111,000
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$139,000
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$130,000
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$131,950
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Chenoa
Number of Sales for Chenoa
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