Is Chase, MI 49623 a buyer’s or seller’s market?
Chase is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Chase housing market right now
In the three months ending August 31, 2026, 0% of homes in Chase, MI 49623 sold above their list price, the typical home went under contract in 22 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (27 days then) and the median sale price fell 11% to $199,814. Overall, Chase is less competitive than a year ago, which gives buyers more room.
Within Lake County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Branch 49402 (44% sold over asking) and Luther 49656 (25% sold over asking) are even more competitive.
Run the numbers for 49623
Nearby markets
Baldwin 49304Balanced $189 /sq ftBranch 49402Seller’s market $239 /sq ftIdlewild 49642Balanced $133 /sq ftIrons 49644Seller’s market $175 /sq ft Browse all markets →Where Chase is
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Questions about Chase real estate
Is Chase a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Chase, MI 49623 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chase?
The typical home went under contract in 22 days in the latest three months.
Do homes in Chase sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.0% of the list price.
What are property taxes in Chase?
About 1.09% of a home’s value a year in Lake County, or roughly $4,360 on a $400,000 home.
What is the median home price in Chase?
The median sale price was $199,814 in the three months ending August 31, 2026, about $319 per square foot.
Local agents
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More tools for 49623
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology