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Buying a home in Chase, Kansas

The typical owner-occupied home in Chase is worth about $75,300, 65% below the Kansas median of $217,200 and 77% below the national median of $332,700. Owners pay a median $1,407 a year in property taxes, about 1.87% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $59,375 a year, so the median home costs 1.3 times the median income (2.9 times for Kansas). 70% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.

Chase at a glance

Chase Kansas U.S.
Median home value $75,300 $217,200 $332,700
Median property tax paid per year $1,407 $2,798 $3,119
Property tax as a share of value 1.87% 1.29% 0.94%
Median household income $59,375 $74,275 $80,734
Homes lived in by their owners 70% 67% 65%
Owner homes with a mortgage 57% 57% 61%
Median monthly costs, owners with a mortgage $1,222 $1,689 $1,963
Those costs as a share of the owners' income 22.1% 19.4% 21.0%
Median rent $707 $1,060 $1,413
Rent as a share of renters' income 23.5% 27.1% 30.6%
Median year homes were built 1961 1976 1980
Vacant homes 8.7% 9.2% 10.1%
Population 490 2,947,197 334,922,499

What a typical home costs per month in Chase

At this week's average 30-year rate of 7.11%, buying the median Chase home of $75,300 with 20% down costs about $554 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $679, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $23,741 for the 20%-down payment. That payment is 11% of the median Chase household income of $59,375; at that income and 20% down, the 28% guideline points to a home of about $188,000.

The median rent here is $707 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$15,060
Loan amount$60,240
Principal and interest$405
Property taxes (1.87% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$31
PMI$0
Total per month$554

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3.5% down, 30-year FHA loan
Down payment$2,636
Loan amount$73,936
Principal and interest$497
Property taxes (1.87% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$31
FHA mortgage insurance$33
Total per month$679

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Questions about home buying in Chase

What is the median home value in Chase?

About $75,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Chase?

Homeowners pay a median $1,407 a year, which is about 1.87% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Chase?

For the median home with 20% down at 7.11%, the payment is about $554 a month. Keeping that under 28% of gross income takes about $23,741 a year.

More about Chase

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data