Chase Farms
Closed-sale statistics for Chase Farms, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $833,250
- Median days on market
- 11
- List-to-sale ratio
- 97.4%
8 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $833,250, in Novi Community School District at 36.32 homestead mills, the year-two bill is approximately $15,133 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Chase Farms compares in Novi
Of the 23 Novi subdivisions and condo projects we publish statistics for, Chase Farms's $833,250 median ranks 4 of 23 — 119% above the tracked-Novi median of $381,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Island Lake Orchards | $1,200,000 | 8 | $21,793 |
| Island Lake Vineyards OCCPN 1271 | $938,525 | 6 | $17,045 |
| Chase Farmsno 3 | $859,900 | 9 | $15,617 |
| Chase Farms | $833,250 | 8 | $15,133 |
| Vista Hills | $576,000 | 6 | $9,228 |
| Dunbarton Pinesno 1 | $546,132 | 6 | $9,426 |
| Knightsbridge Gate OCCPN 1797 | $545,000 | 13 | $9,307 |
| Island Lake Arbors | $480,000 | 7 | $8,717 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Chase Farms?
The median closed sale price in Chase Farms (Novi) is $833,250, from 8 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Chase Farms?
At the median price, taxable value uncaps to roughly $416,625 and the year-two bill in Novi Community School District is approximately $15,133 at homestead rates.
How does Chase Farms compare with other Novi subdivisions?
Its $833,250 median ranks 4 of 23 Novi projects we track — 119% above the tracked-city median of $381,000.
More context: Novi property tax rates · school district breakdowns · all calculators