Chase, Michigan.
Typical home $194,136 (+9.1% in a year).
to buy the typical home at today's mortgage rate — +$610 (+149%) since Jan 2020.
- 1 year
- Up $16,198 +9%
- $177,939$194,136 since Sep 2025
- 5 years
- Up $40,015 +26%
- $154,122$194,136 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Chase$1,019
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Chase, MI rose 9.1% over the past year — faster than the nation's +1.2%.
Living in Chase, Lake County, Michigan
Chase is a township of 1,153 people in Lake County. Half its households earn more than $61,563 a year and half less, against $50,805 across Lake County. 86% of its homes are lived in by their owners and 14% are rented. Unemployment in Lake County was 6.2% in August 2026, and the county had 1.6% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Chase is a small township where nearly everyone owns the home they live in, a good deal more than is typical elsewhere. Household incomes run higher than across Lake County as a whole, and the typical home is valued well within reach of many buyers. Winters are cold and snowy, with January the coldest month and highs staying below freezing, and summers are pleasantly warm, with July the warmest.
Work. Residents work mostly in manufacturing, in restaurants, hotels and entertainment, in schools, hospitals and social care, and in professional and business services. Few adults hold a four-year degree, and the trip to work is a long one, so many people spend a good part of the day travelling. Across Lake County, some of the largest workplaces are Baldwin Community Schools, Grand Oaks Nursing and Rehabilitation Center and the Lake County Road Commission. Unemployment across the county is a little lower than a year earlier, though the county has fewer jobs than it did the year before.
Things to do. The Hersey River is a short drive away and suits anyone who likes time by the water. A longer drive brings you to Manistee National Forest, a large protected area of woods, and to White Pine Trail State Park, another protected area good for getting outdoors. Lakes and rivers are the main draw in this part of Michigan, and the snowy winters leave plenty of room for those who enjoy the season.
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- 393households
- 14%of adults have a degree
- 32 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Lake County had 1,694 jobs in 2025, 1.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 13°; warmest in July, with highs near 81° and lows near 57°. About 61 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Big Rapids Wtp weather station, 12 miles away (NOAA).
Largest workplaces in Lake County
- Baldwin Community SchoolsSchool district124FTE
- Grand Oaks Nursing and Rehabilitation CenterNursing homes96
- Lake County Road CommissionPothole filling, highway, road, street or bridge36
- Peacock IndustriesChemical milling job shops36
- Forest ServiceFederal government · Department of Agriculture35
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 168 people in all across the county; Chase has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Lake County, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lake County.
Chase home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Chase$194,136
- Michigan$263,760
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Chase11
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Chase address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Chase — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.