From July through December of 2018, there were nine homes sold, with a median sale price of $87,500 - a 407.4% increase over the $17,245 median sale price for the same period of the previous year. There were three homes sold in Chapin in the second half of 2017.
The median sales tax in Chapin for the most recent year with available data, 2016, was $1,035, approximately 1.2% of the median home sale price for the second half of 2018.
The following table compares Chapin to other Morgan County cities in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Jacksonville | 40 | 46 | -13% | $91,750 | $93,250 | -1.6% |
| Chapin | 9 | 3 | 200% | $87,500 | $17,245 | 407.4% |
| Jacksonville | 147 | 151 | -2.6% | $82,400 | $85,900 | -4.1% |
| Waverly | 15 | 15 | 0% | $80,000 | $41,000 | 95.1% |
| Murrayville | 3 | 4 | -25% | $78,500 | $63,500 | 23.6% |
| Franklin | 6 | 4 | 50% | $66,000 | $40,000 | 65% |
| Concord | 3 | 2 | 50% | $40,000 | $18,000 | 122.2% |
| Meredosia | 7 | 15 | -53.3% | $30,000 | $47,500 | -36.8% |
| Woodson | 4 | 7 | -42.9% | $23,000 | $100,000 | -77% |
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