Market Overview
Home Prices in Chase City, VA
The median home value in Chase City, VA is $146,944 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chase City are priced64% below average.
Over the past five years, Chase City home values have risen by approximately36.2%, reflecting strong long-term appreciation in this market.
Price History
Chase City Home Price Trend
2020
$90,824
$91K
—
2021
$107,911
$108K
+18.8%
2022
$121,151
$121K
+12.3%
2023
$125,747
$126K
+3.8%
2024
$144,517
$145K
+14.9%
2025
$142,534
$143K
-1.4%
2026
$146,944
$147K
+3.1%
City Comparison
Chase City vs. National Median
🏠 Chase City
$146,944
National Median
$410,000
At $146,944, homes in Chase City cost 64% below the national median of $410,000. This makes Chase City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chase City?
20% Down Payment
$29,389
on $146,944
Monthly P&I
$766/mo
30-yr @ 6.8%
Total Monthly Est.
~$973/mo
incl. taxes & insurance
Income Needed
$38,920
gross annual (30% rule)
10% Down Option
$14,694
+ PMI applies
Loan Amount (20% dn)
$117,555
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chase City, VA?
The median home value in Chase City is $146,944 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Chase City?
Over the past year, home values in Chase City have increased by 3.1%. Over five years, prices have risen approximately 36.2%.
How much do I need to earn to buy a home in Chase City?
To comfortably afford the median home price of $146,944 with a 20% down payment ($29,389) at today's rates (6.8%), you'd need a gross annual income of approximately $38,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Chase City compare to the national average home price?
The national median home value is approximately $410,000. At $146,944, homes in Chase City are 64% below the national average.