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Housing in Chain Lake

58 homes sold in Chain Lake in the last year, at a typical $976K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chain Lake homes are listed.

Homes sold
58
October 2025 to September 2026
Typical sale price
$976K
median, weighted by sales
Price per square foot
$398
Washington $346
Paid vs. asking
99%
21% sold over asking
For sale now
10
September 2026 · 6 sold that month
What sold · last 12 months

Houses are 100% of Chain Lake’s sales, at a typical $994K (year to May 2026)

58 homes sold in the year to September 2026.

Houses$994K

typical sale · 67 sold in the year to May 2026

Per square foot
$399WA $348
Days to sell
53
Sold over asking
22%
Listings with a price cut
49%
14 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

58 sales in the last year, against 98 in 2019 and a low of 47 in 2023. The typical sale went from $546K in 2016 to $976K.

Homes soldTypical sale price
0255075100$525K$750K$975K$1.2M2012: 63 sold, typical $351K’122013: 66 sold, typical $390K2014: 61 sold, typical $451K’142015: 70 sold, typical $482K2016: 82 sold, typical $546K’162017: 85 sold, typical $593K2018: 86 sold, typical $650K’182019: 98 sold, typical $690K2020: 88 sold, typical $744K’202021: 82 sold, typical $873K2022: 59 sold, typical $922K’222023: 47 sold, typical $906K2024: 52 sold, typical $993K’242025: 80 sold, typical $1.1MLast 12 months: 58 sold, typical $976KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $1M buys in Chain Lake

Houseat $399 a sq ft, year to May 2026
The same money in Washingtonat $348 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Chain Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Chain Lake are rarer than before the pandemic, but half fewer homes come up for sale

We read every month of Chain Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 58 sales.

If you’re buying in Chain Lake

  • Shop in April. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • Bid near asking. Buyers paid 99% of the list price on average; 21% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 10 a month), but July is the most competitive: 41% of July sales close over asking. April offers nearly as much choice with fewer homes bid up (30%). February has the least competition (16%) but only about 5 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 4 new listings a month, 34% sold over asking, 57 days to sellJFeb: 5 new listings a month, 16% sold over asking, 79 days to sellFMar: 8 new listings a month, 37% sold over asking, 44 days to sellMApr: 8 new listings a month, 30% sold over asking, 31 days to sellAMay: 9 new listings a month, 37% sold over asking, 34 days to sellMJun: 10 new listings a month, 35% sold over asking, 21 days to sellJJul: 9 new listings a month, 41% sold over asking, 25 days to sellJAug: 8 new listings a month, 26% sold over asking, 29 days to sellASep: 7 new listings a month, 28% sold over asking, 34 days to sellSOct: 6 new listings a month, 24% sold over asking, 39 days to sellONov: 3 new listings a month, 28% sold over asking, 42 days to sellNDec: 4 new listings a month, 31% sold over asking, 65 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Washington as a whole

Chain Lake now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price21%26%60%25%
Gone within two weeksShare of homes under contract within 14 days44%40%75%38%
Price paid vs. askingAverage sale price ÷ list price99%99.7%105%99.1%
Days to sellMedian days from listing to contract45411135
Supply

8 homes for sale on a typical day

That’s 2.7 times the 2021 low (3), 52% fewer than in 2017–19 and well under 2012’s 24.

2012: 24 for sale’122013: 19 for sale2014: 17 for sale2015: 20 for sale’152016: 19 for sale2017: 13 for sale2018: 15 for sale’182019: 22 for sale2020: 8 for sale2021: 3 for sale’212022: 8 for sale2023: 7 for sale2024: 14 for sale’242025: 11 for saleLast 12 months: 8 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Chain Lake home costs about $5,682 a month

Mortgage
Property tax
Insurance
Rent

Price: Chain Lake’s typical sale, last 12 months. Property tax at Chain Lake’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chain Lake is affordable on local pay is on Cost of living.

Before you buy in Chain Lake

Six things worth knowing

10

New listings in June

The month with the most choice. November has the fewest, about 3.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $976K home, about $7,080 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Chain Lake, from test results, graduation and how much students grow.

Schools in Chain Lake
38 min

Typical commute

The average one-way trip to work for people who live in Chain Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Monroe sells for less a square foot

The busier markets within 25 miles of Chain Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Monroe244$736K$35923%25
Snohomish127$734K$40026%26
Chain Lake58$976K$39821%45
Woods Creek44$824K$39031%48
Three Lakes42$1.2M$40631%40
Bunk Foss39$972K$39843%7
Monroe North26$866K$43934%27

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Chain Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chain Lake. People who follow the town see it, and so do people comparing Chain Lake with their own town. No commission, no listing fee.

Questions about buying a home in Chain Lake

What do homes sell for in Chain Lake, WA?

58 homes sold in the year to September 2026 at a typical $976K, $398 a square foot.

Is Chain Lake a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in September 2026 and 6 sold, about 1.7 months of supply. Buyers paid 99% of asking on average.

When is the best time to buy in Chain Lake?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Chain Lake?

About 0.7% of a home’s value a year. On a $976K home that’s near $7,080.

Where can I see homes for sale in Chain Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Chain Lake’s MLS listings; the search links above open each one filtered to Chain Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).