Chase
Solid value in a growing area
Median $200K·Walkability 4.4/10·Schools 6.0/10
Out here, you're living on generous acreage—most properties run three to twenty acres—with easy access to US-131 and M-37 just minutes away, so you're never far from Reed City or the broader region. The landscape is rural and wooded, the kind of place where wildlife passes through regularly and ponds, barns, and garden spaces anchor the properties. Rails-To-Trails runs nearby, offering a ribbon of recreational access, and Chase Creek Smokehouse sits within walking distance for those who want to step outside and grab dinner without much fuss. Lakes and state land dot the area, giving you real outdoor options without the noise of being in town—and that combination of privacy on substantial land, paired with genuine proximity to commercial corridors and amenities, is what keeps people here.
Why people love it here
$200K median
- 7 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Chase
Estimated Monthly Payment
$1,357/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
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. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
7 homes sold in Chase this year. Thinking of selling?
See what your home is worthWalkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Chase Creek Smokehouse
The Old School Ground
Chard Lake
Pere Marquette State Trail
Spring Valley Golf Course
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 $199,900) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $35k/year in household income to qualify — an estimated monthly payment of $1,330 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,330/mo | $35,456 |
| 10% (+PMI) | $1,531/mo | $40,821 |
| 5% (+PMI) | $1,598/mo | $42,615 |
Estimates use a 6.49% 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 a commitment to lend, and not an APR — your actual rate and payment will vary.
Land for sale
Listings
2 parcels
Active / pending
Typical Land Value
$9K/acre
Median asking
Median Price
$147K
Per listing
Solar potential
~$897/yr in electricity from a typical rooftop solar system
Produces ~6,280 kWh/yr · offsets ~60% of a typical home's use
Private well
Based on assessor parcel records
Septic (individual)
Based on assessor parcel records
Utility, solar, and service details for Chase are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
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 $199,900. Individual prices vary by street, size, and condition.
- How active is the Chase housing market?
- there are 2 homes for sale in Chase right now, and 7 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).
- Is Chase walkable?
- Chase scores 4.4/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Chase
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