Is Chase, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chase is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chase has remained a Seller's Market.

Key Takeaway

Chase is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chase, MI

How much do homes in Chase, MI cost?

Median Sold Price

$124,450

$130/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,550(-7.8%)

Key Takeaway

Homes in Chase have sold for 7.8% less than they did a month ago.

Summary: The median home sold price in Chase was $124,450 in November 2024, down 7.8% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $90K$124.4K
+38.3%
3 $180K-
N/A
4 --
N/A
5+ --
N/A

Summary: Chase housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chase Township
+16.9%
Chase
-7.8%
Pinora Township
-17.2%
Yates Township
-72.8%

Housing Supply in Chase, MI

How many homes are available in Chase, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Chase real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 77
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Chase housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chase, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Chase in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Chase, MI

How long does it take to sell a home in Chase, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
165 Days43 Days-73.6%

Summary: Homes in Chase had an average of 43 days on market in Nov 2024, down by 73.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chase are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Chase; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Chase, MI

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