Chase
Solid value in a growing area
Median $215K·Schools 6.0/10
Hungerford Lake Recreation Area sits right at the edge of the property—golden hour is when the whole stretch glows and the trails feel like they're yours alone. A short drive puts you near the ORV routes that draw weekend adventurers from across the region, while the village itself keeps things grounded: Chase Creek Smokehouse, a gas station, and enough corner lots and double-lot parcels that you're not hemmed in. Victorian farmhouses from the 1880s anchor the quieter streets alongside ranch homes and renovation projects—the kind of place where a screened porch and detached garage read as real features, not afterthoughts. County-maintained roads and a two-minute walk to the nearest restaurant mean you're neither isolated nor absorbed into sprawl, and the median lot sizes suggest people came here because they wanted room to breathe, not because they had nowhere else to go.
Why people love it here
$215K median
- 2 recent sales
Explore Chase
Same name, different focus — Chase is also covered as:
- Chase Community — community details
Mortgage Calculator
Median home price in Chase
Estimated Monthly Payment
$1,460/mo

The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Based on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Reed City Area Public Schools
Crime in Chase is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Lake County.
Lake County crime & safety stats →To buy a median-priced Chase home (around $215,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $38k/year in household income to qualify — an estimated monthly payment of $1,423 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,423/mo | $37,953 |
| 10% (+PMI) | $1,639/mo | $43,701 |
| 5% (+PMI) | $1,711/mo | $45,619 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Flood Risk
None
Not in flood zone
Nearest Park
The Old School Ground
0.1 mi
Parks Nearby
5
within 1 mile
Frequently asked about Chase
- What do homes cost in Chase?
- The median home value in Chase is about $215,000. Individual prices vary by street, size, and condition.
- How active is the Chase housing market?
- no homes are listed in Chase right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Chase?
- Chase is served by Reed City Area Public Schools. Its highest-rated assigned school is GT Norman Elementary School (7/10).