The likes of Leeds, Burnley, Sheffield United and Sunderland have emerged as the four contenders for automatic promotion while a host of clubs are chasing behind for a spot in the play-offs.
Elsewhere, it's completely wide open at the bottom of the league with several clubs in danger of relegation and a few dark horses that could push on in the coming months.
Flashscore takes a look at each team and give a short assessment of their season so far.
1st: Leeds
Leeds were among the favourites for promotion before the season began and have so far looked in good shape to achieve their goals.
The Lilywhites are top of the league after 26 matches and have the best attacking record in the division with 48 goals - although they sometimes lack in defensive areas when needed.
Goalkeeper Ilan Meslier has been the main source of frustration having cost Daniel Farke's team points on several occasions, but on the other hand, the club has a plethora of attacking options who are all doing rather well.
More of the same will be the expectation heading into the final months of the campaign and crucially the main area for improvement is in the goalkeeping department - leaving Meslier as their number one is playing with fire and could be a problem further down the line.
Grade: A
Player of the Season (POTS) so far: Ao Tanaka
2nd: Burnley
Burnley faced a spot of turmoil coming into the season following the departure of Vincent Kompany and the sale of several key players, but Scott Parker has steadied the ship and turned to Clarets into serious promotion contenders once again.
The Lancashire side have the best defence in the division by a mile having conceded just nine goals which provides an obvious route to the top two given that the majority of teams struggle to score against them.
Work needs to be done offensively with Burnley rarely blowing away their opposition but Parker has got his team on track for an immediate return to the Premier League which would be a major success in his first season in charge.
Grade: A
POTS so far: Maxime Esteve
3rd: Sheffield United
Despite coming down from the Premier League, Sheffield United were not considered favourites for a top-two finish this season and many doubts were raised over the quality of the Blades' squad.
A hugely successful transfer window changed things with the likes of Jesuran Rak-Sakyi, Harrison Burrows, Tyrese Campbell and Michael Cooper all contributing to a very solid team - while holding on to Anel Ahmedhodzic and Gustavo Hamer has proved to be invaluable.
Their home form has been particularly impressive with Sheffield United losing just once at Bramall Lane and conceding only five goals.
Questions remain over the Blades' squad depth and whether or not they will have enough to get over the line in the promotion race but a solid January transfer window would squash some of those doubts.
Grade: A
POTS so far: Vini Souza
4th: Sunderland
One of the Championship's surprise packages thus far has been Sunderland who many expected to be flirting with a play-off push but likely settling for mid-table.
The arrival of manager Regis Le Bris changed things, though, and the Black Cats have mounted a serious promotion push that coincides with a series of young players blossoming into their senior careers.
Sunderland have the youngest squad in the league, are still unbeaten at home and find themselves just three points off of the top spot.
Like Sheffield United, there are some doubts surrounding the depth of the squad, although plenty of players are due to return from injury in the coming weeks which will be a welcomed boost for the Championship's fourth-placed side.
Grade: A
POTS so far: Jobe Bellingham
5th: Middlesbrough
Middlesbrough are lurking just outside of the top four spots and every so often look like mounting a serious challenge before stuttering and having to play catch-up again.
Michael Carrick's side have been impressive on the whole over the season so far and have one of the best attacks in the league - featuring Finn Azaz, Liverpool loanee Ben Doak and star forward Emmanuel Latte Lath.
Their fluid offence sometimes comes at the expense of a solid defence though which has led to 32 goals conceded at the time of writing.
That is something Middlesbrough will need to address going into the closing months of the campaign if they are to make a late push for the automatic spots, but they look well-placed for a play-off finish at the very least.
Grade: B+
POTS so far: Finn Azaz
6th: West Brom
West Brom have been quietly pushing towards promotion for the last couple of seasons despite operating on a tiny budget and once again are on the right track in 2024/25.
The Baggies sit sixth after a strong first half of the campaign but have had a spanner thrown in the works following the departure of manager Carlos Corberan which presents a bit of a problem for the weeks ahead.
A replacement is needed as soon as possible to get focused on the run-in but again, West Brom look in good shape for a play-off challenge.
They would perhaps be higher in the table had they been more clinical after a 12-match unbeaten run at the end of 2024 made up of two wins and 10 draws.
Grade: B+
POTS so far: Torbjorn Heggem
7th: Blackburn Rovers
Another of the Championship's surprise packages, Blackburn Rovers have impressed despite many predicting a struggle towards the other end of the table.
Things were looking bleak after barely surviving last season and selling top scorer Sammie Szmodics but a series of shrewd transfers and some exceptional coaching from manager John Eustace has seen Rovers become play-off contenders.
Their squad has a good blend of youthful talents and experienced professionals which has allowed for a sustained push for a top-six finish.
Consistency will be the aim heading into the remaining months of the season with Blackburn currently on a five-game winless run following six consecutive victories just a few weeks ago.
Grade: A
POTS so far: Sondre Tronstad
8th: Bristol City
Bristol City are notoriously a midtable Championship club but this time around look close to removing that label, currently eighth and just three points outside the play-off spots.
Granted, they're also just five points above 13th - such is the nature of the league at this time of the season - but the Robins have impressed so far.
They have a notable habit of taking points from the top teams having drawn with Leeds and Sunderland while also picking up a win against Middlesbrough.
It remains to be seen whether they can keep pace and contend for what looks likely to be just two remaining play-off positions, but they are certainly a dark horse for the top six heading into the final months of the campaign.
Grade: B+
POTS so far: Anis Mehmeti
9th: Watford
Watford enjoyed a strong start to the season, although have dropped off slightly over the last month or so and now find themselves in the chasing pack for a play-off spot.
The Hornets were another side tipped to struggle coming into the campaign but have defied expectations under manager Tom Cleverley.
Star player Giorgi Chakvetadze has been the main standout and often looks a cut above the level he is playing at, while youngsters Kwadwo Baah and Rocco Vata present exciting options both now and for the future.
Their home record is admirable but away form is a concern that must be addressed if they are to finish any higher than midtable.
Grade: B+
POTS so far: Giorgi Chakvetadze
10th: Sheffield Wednesday
German manager Danny Rohl has received plenty of praise for the job he has performed at Sheffield Wednesday, taking them from relegation doom last season to a solid Championship outfit this time around.
The Owls are another side that fits into the play-off chasing pack and also another team that remains slightly unpredictable, although any success they do manage between now and the end of the campaign will be largely down to Rohl.
The 35-year-old is still in the infancy of his coaching career and has already garnered attention from both the Premier League and his native Germany but so far is still Wednesday's manager, which will be vital for a top-six push.
On the playing side of things, Southampton loanee Shea Charles has been a revelation in midfield while experienced forward Josh Windass continues to impress in front of goal, with 10 for the season so far.
Grade: B+
POTS so far: Shea Charles
11th: Norwich
Norwich enjoyed a really good start to the season and were hanging around the top-six spots but have dropped off since then.
The Canaries' main positive by far is their attack - the joint-second best in the division despite being 11th in the table - with Borja Sainz the league's top scorer with 15 goals.
Johannes Hoff Thorup's team was a little shaky heading towards the end of 2024 but appears to be getting back on track having not lost in their last four games.
A niggling problem for Norwich has been disciplinary issues with three players - including Sainz - facing retrospective investigations from the FA at various points in the season.
Grade: C+
POTS so far: Borja Sainz
12th: Swansea
Swansea sit right in the middle of the Championship table and seem likely to stay there having won back-to-back games just three times across the campaign - although they have similarly only lost consecutive games twice.
It's this inconsistency that will likely stunt any push for the play-offs and likewise prevent them from dropping too far down the standings.
The Swans have won nine games, drawn seven and lost 10 while both scoring and conceding 30 goals which essentially sums up their season to this point.
Grade: C
POTS so far: Goncalo Franco
13th: QPR
Just a few months back in October, QPR were bottom of the league and things looked bleak for the London-based club.
Since then, Marti Cifuentes has guided his side up to 13th having picked up the most points in the league behind Burnley and Leeds.
The Spaniard has overseen a major shift in form and QPR are currently riding a wave of momentum that could see them push into the play-off picture over the coming weeks.
Every season there is one club that starts slow and builds up a head of steam going into the business end of the campaign and it looks like the Rs fit that bill this time around.
Grade: B
POTS so far: Jimmy Dunne
14th: Millwall
Millwall started well and found themselves in and around the top six after the opening few weeks but have since dropped off dramatically and are now set to embark on a new path under the recently hired Alex Neil.
The stereotypical Millwall that fans outside the league would often think of has been somewhat dashed this year as young stars like Romain Esse and Japhet Tanagana take the spotlight.
A shift in transfer policy has led to the Lions bringing in young talents rather than the cliche experienced professionals you would often associate with the club, resulting in varying degrees of success.
While they appear to have dropped a little too far to be considered for any success at the top of the table, Millwall seem pretty well-set for a decent league finish and hopefully the chance to build around their exciting talent.
Grade: C
POTS so far: Japhet Tanganga
15th: Preston
A side that seems to always finish around midtable, Preston look to be on target for a similar finish this season after a largely indifferent campaign so far.
North End parted company with manager Ryan Lowe barely a week into the season and his replacement Paul Heckingbottom has overseen a mixed bag of results.
Despite a stretch of nine games without a win through the end of October towards the beginning of December, Preston find themselves 15th in the table - and if they continue their current form will likely avoid being dragged into a relegation scrap.
Heckingbottom's side have picked up some solid results against the league's top teams including draws against Leeds, Sunderland and Burnley.
The undoubted low point so far was an eight-game ban for Milutin Osmajic after the forward was caught biting Blackburn defender Owen Beck.
Grade: C
POTS so far: Ali McCann
16th: Coventry
A disastrous start to the campaign saw Coventry sack fan-favourite manager Mark Robins, who had guided the club from League Two to the second tier through a plethora of off-the-field issues.
His replacement Frank Lampard was met with plenty of caution given the fact his stock has fallen considerably in recent years, although it seems so far to have been a promising appointment.
Coventry have won three, drawn three and lost three under the Englishman and it will be interesting to see how the remainder of the campaign goes.
The return of Haji Wright will be a welcome one after the forward netted seven goals in the opening 15 games of the season before picking up an injury.
Grade: D
POTS so far: Haji Wright
17th: Oxford United
Oxford are currently the highest-placed out of all three of the teams promoted from League One after a fast start to the season, followed by a poor run of form, although things are looking up for the Yellows again.
Gary Rowett has arrived to replace sacked manager Des Buckingham and has overseen three wins and a draw in his first four matches in charge.
That's an excellent run of form that could see them build some momentum over the winter months, which will be crucial for pulling away from a relegation fight.
A few more results like the ones seen in recent weeks will surely secure another season of Championship football for Oxford, which is exactly what would have been asked for at the beginning of the campaign.
Grade: C+
POTS so far: Jamie Cumming
18th: Derby
Another newly promoted side that have enjoyed a solid campaign so far is Derby who sit just a point behind Oxford.
The Rams are meeting expectations by sitting above the relegation zone although perhaps would like a bit more than just a four-point safety net between themselves and the bottom three.
A run of three consecutive losses may cause concern as well as a general lack of goals throughout the side but that can be addressed in the remaining weeks of the winter transfer window.
Grade: C+
POTS so far: Ebou Adams
19th: Stoke
Stoke were relegated from the Premier League nearly seven years ago and are yet to mount anything close to a promotion push since.
This season has been no different with the Potters already on their third permanent manager of the campaign, just four points above the relegation zone.
Mark Robins is the latest man in charge after his dismissal from Coventry but there is cause for optimism after the Englishman's stellar record with their Championship rivals.
Add in the fact that Stoke's owners have proved they are willing to spend some money on the squad and a push back up the table isn't out of the question for the remainder of the campaign.
Grade: D
POTS so far: Viktor Johansson
20th: Luton
One of the shocks of the season has been the dramatic decline of Luton, who came back down from the Premier League and immediately struggled in the second tier.
Just seven wins so far has resulted in the sacking of promotion-winning manager Rob Edwards and the Hatters now face a short-term rebuild in January if they are to secure safety.
Luton's squad on the whole has regressed alarmingly over the last few months and the players who would usually be considered top performers in the Championship have failed to meet expectations.
That leaves them with a serious job to do in January, both on the coaching and playing side.
Grade: F
POTS so far: Alfie Doughty
21st: Portsmouth
Portsmouth have endured an injury-hit campaign with the vast majority of their key defenders missing at various points of the season.
They have weathered that storm rather well, though, and given expectations coming into the campaign are performing decently.
John Mousinho's side are above the drop zone on goal difference but have two games in hand on the teams around them - wins in both could see them move as high as 16th.
As for key players, Callum Lang has netted a surprising nine goals already while winger Josh Murphy has 10 goal contributions (five goals, five assists).
Grade: C
POTS so far: Callum Lang
22nd: Hull
Hull have undoubtedly been one of the more disappointing sides this season after narrowly missing out on the play-offs last time out, finding themselves in the relegation zone in January.
Liam Rosenior was sacked in the summer after big spending that ultimately failed to deliver a promotion push and several loanees returning to their parent clubs left the squad with lots of holes going into the campaign.
Tim Walter was brought in to try and mount another top-six challenge but failed to put any sort of form together and was eventually replaced by Ruben Selles.
The Spaniard has overseen some largely indifferent form so far but with the clubs at the bottom of the league packed so tightly together and the levels between the sides fairly similar, Selles will have plenty of chances to guide Hull back up the table
Grade: F
POTS so far: Ivor Pandur
23rd: Cardiff
Cardiff suffered one of the worst starts possible to the campaign after picking up just one point from their opening seven fixtures - which led to the sacking of Erol Bulut.
His assistant Omer Riza took interim charge and performed fairly well and eventually was named permanent manager despite weeks of uncertainty.
The Blue Birds have shown they can still compete in the Championship and weren't a complete write-off, although barring a very strong month of October have failed to string together a proper run of form so far.
Grade: F
POTS so far: Alex Robertson
24th: Plymouth Argyle
Plymouth Argyle have so far suffered a disastrous campaign, finding themselves bottom of the league and without a manager after parting ways with Wayne Rooney.
The former England international was out to prove his doubters wrong but ultimately failed on the south coast.
Argyle have yet to appoint a replacement but will need to act quickly and strengthen their squad in the January window with the club in danger of a return to League One, particularly with the current standard of their team.
Their away form is a major cause for concern with no wins on their travels all season and Home Park is hardly a fortress itself, something that must change in the coming months for survival to be achieved.
Grade: F
POTS so far: Ibrahim Cissoko...?
