From October through December of 2017, there were two homes sold, with a median sale price of $9,623 - a 77.9% decrease over the $43,500 median sale price for the same period of the previous year. There were seven homes sold in Chapin in the fourth quarter of 2016.
The median sales tax in Chapin for the most recent year with available data, 2016, was $1,035, approximately 10.8% of the median home sale price for the fourth quarter of 2017.
The following table compares Chapin to other Morgan County cities in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodson | 3 | 2 | 50% | $107,000 | $94,000 | 13.8% |
| South Jacksonville | 19 | 14 | 35.7% | $93,000 | $88,250 | 5.4% |
| Jacksonville | 79 | 103 | -23.3% | $83,000 | $74,900 | 10.8% |
| Waverly | 7 | 5 | 40% | $65,000 | $22,000 | 195.5% |
| Franklin | 2 | 2 | 0% | $58,250 | $64,750 | -10% |
| Murrayville | 3 | 4 | -25% | $48,000 | $21,150 | 127% |
| Meredosia | 6 | 2 | 200% | $27,250 | $21,000 | 29.8% |
| Concord | 1 | 1 | 0% | $14,000 | $37,400 | -62.6% |
| Chapin | 2 | 7 | -71.4% | $9,622.50 | $43,500 | -77.9% |
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