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CHASE, MI 49623

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 40% vs 5 last year
Pending
2
29% pending ratio
Median Price
$232,400
⇧ 16.2% vs $199,950 last year
Average Price
$229,433
⇧ 11.3% vs $206,200 last year
Days on Market
48
⇩ 47.3% vs 91 days last year

Market Context

Population: 1,193  ·  Density: 6.7/mi²  ·  Median household income: $59,118

Typical home value: $111,639  ·  Homeownership: 94.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CHASE, MI real estate market (49623) currently shows 7 active listings, with 2 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 91 days last year.

The median listing price has risen 16.2% year-over-year, from $199,950 to $232,400.

Whether you are buying or selling in CHASE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 5 last year
  • Days on market: 48 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $232,400 (+16.2% YoY)
  • Average: $229,433 (+11.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 195 listings ($62,992,590 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49623Chase, MI 496230.0 mi7$1,606,031$232,400$229,433
49677Reed City, MI 496777.0 mi12$2,566,584$177,450$213,882
49656Luther, MI 4965610.3 mi8$8,393,832$220,000$1,049,229
49309Bitely, MI 4930913.9 mi9$2,206,674$169,500$245,186
49655Leroy, MI 4965514.8 mi11$3,588,387$275,000$326,217
49307Big Rapids, MI 4930717.4 mi59$17,660,883$265,000$299,337
49644Irons, MI 4964418.4 mi19$6,708,995$259,900$353,105
49631Evart, MI 4963121.2 mi28$7,070,364$195,000$252,513
49349White Cloud, MI 4934922.4 mi19$6,112,433$255,000$321,707
49459Walkerville, MI 4945924.2 mi8$3,382,744$169,900$422,843
49410Fountain, MI 4941024.2 mi7$1,717,219$214,950$245,317
49405Custer, MI 4940525.2 mi6$1,595,178$257,450$265,863
49638Harrietta, MI 4963826.5 mi2$383,266$132,450$191,633

Frequently Asked Questions

How many homes are for sale in CHASE, MI 49623?

As of January 2026, there are 7 active listings in CHASE, MI (zip code 49623), compared to 5 the prior year.

What is the median home price in CHASE, MI 49623?

The median listing price in CHASE, MI 49623 is $232,400 as of January 2026, a 16.2% increase from $199,950 the prior year.

How long do homes stay on the market in CHASE, MI?

Homes in CHASE, MI 49623 spend an average of 48 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in CHASE, MI 49623?

Based on current inventory and days-on-market data as of January 2026, CHASE, MI 49623 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 91 days last year.

How much can I save on real estate commission in CHASE, MI?

With SELL123.com's maximum 3% commission, sellers in CHASE, MI 49623 save an estimated $4,648 compared to a typical 5% commission on the median listing price of $232,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.