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West Central Reporter

Monday, July 7, 2025

Chapin home prices fall in the third quarter of 2019

Webp re 4

The median sale price of a home sold in the third quarter of 2019 in Chapin fell by $33,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were four homes sold, with a median sale price of $41,500 - a 44.7% decrease over the $75,000 median sale price for the same period of the previous year. There were six homes sold in Chapin in the third quarter of 2018.

The median sales tax in Chapin for the most recent year with available data, 2018, was $1,138, approximately 2.7% of the median home sale price for the third quarter of 2019.

The following table compares Chapin to other Morgan County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Woodson13-66.7%$143,000$8,0001687.5%
Concord13-66.7%$105,000$40,000162.5%
Jacksonville7585-11.8%$96,668$85,00013.7%
South Jacksonville2023-13%$83,700$94,000-11%
Waverly310-70%$77,765$62,50024.4%
Franklin440%$67,000$66,0001.5%
Murrayville23-33.3%$66,750$78,500-15%
Chapin46-33.3%$41,500$75,000-44.7%
Meredosia36-50%$40,000$29,75034.5%

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