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Featured local agent — Three Oaks, MI
Sarah Mitchell
Compass Real Estate · Three Oaks, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Three Oaks, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$442,500median sale price
How is the Three Oaks, MI housing market right now?
The median home sale price in Three Oaks, MI is $442,500, down 14.9% year-over-year. Homes sell in an average of 101 days with 12 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Three Oaks a buyer's or seller's market?
Three Oaks, MI is currently a balanced market, based on 3.0 months of supply and homes selling in about 101 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
101
Average pace
Active listings
12
3.0 months supply
Sale-to-list
98.3%
Below asking
What does the Three Oaks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $442,500 |
| Median list price | $389,000 |
| Year-over-year price change | -14.9% |
| Average days on market | 101 days |
| Active inventory | 12 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 5 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Three Oaks by property type?
How the Three Oaks, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $442,500 | $235/sq ft | 4 | 101 days |
Source: Redfin · Updated monthly
The Three Oaks housing market is currently classified as a balanced market with a median sale price of $442,500. Prices have fallen 14.9% compared to last year, with homes spending an average of 101 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Three Oaks
There are currently 12 homes listed for sale in Three Oaks, Michigan. The median listing price is $389K.
Active listings
12
Homes on market
Median list price
$389K
Avg. days on market
101
Days until sale
New this week
5
Newly listed
Who lives in Three Oaks?
Population
1,322
Median income
$60,500/yr
Median age
39.6 years
Owner-occupied
66.5%
College grads
19.9%
Avg commute
21.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Three Oaks?
Zillow home value
$350,044
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Three Oaks?
Three Oaks is a community of approximately 1K residents with a median age of 39.6 years.The median household income is $60,500, which represents a working-class community with solid middle-income opportunities. 19.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Three Oaks offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Three Oaks?
2 schools tracked · 484 students
The largest public schools serving Three Oaks, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
River Valley MiddleHigh School
Grades 6-12 · 282 students
River Valley Elementary School
Grades PK-5 · 202 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Three Oaks, MI?
Want a head-to-head view? Compare Three Oaks side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Three Oaks?
The median home sale price in Three Oaks is $442,500, down 14.9% from last year.
How long do homes stay on market in Three Oaks?
Homes typically spend 101 days on market before going under contract.
What is the median income in Three Oaks?
The median household income is $60,500 per year.
Is Three Oaks a buyer's or seller's market?
With 3.0 months of supply, Three Oaks is currently a balanced market.
What is the Zillow home value estimate for Three Oaks?
The Zillow Home Value Index (ZHVI) for Three Oaks is $350,044, representing the typical home value in the area.
How much does a single-family home cost in Three Oaks?
The median single-family home price in Three Oaks, MI is $442,500 (about $235 per square foot).
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