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Three Oaks, MIHousing Market

Three Oaks is a buyer's market right now. Homes are sitting on the market for 102 days on average. With 10 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

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Written By Aditya APopular Writer
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Reviewed By Deepika RHousing Market Analyst
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
March 2026
Last updated
Live MLS Data 63 active homes tracked
Data Sources:
Realcomp MLS-MI
Three Oaks, MI Real Estate Market Snapshot
MEDIAN HOME PRICE
$350,000↓ 0.03%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
102
↑ 6.00% YoY
INVENTORY
10
↑ 0.43% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Three Oaks? Here's What We Think

Now is a smart time to buy in Three Oaks. The median sale price sits at $350,000, a marginal change from last year, with home sales seeing no change over the same stretch. Use these numbers to figure out how much leverage you actually have at the table.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$350,000
↓ 0.03%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Three Oaks. The median sale price is currently $350,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Three Oaks
location pin
Updated MonthlyLast Updated: March 2026

Three Oaks Housing Market Forecast for 2026

Three Oaks's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Months of supply forecast to hold near 4-6, giving buyers more choice
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Three Oaks Housing Market Crash in 2026?

Expert consensus points to no. Three Oaks is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    102 days

  • Months of Supply:

    10 months

  • Sale-to-List Ratio:

    94.59%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Three Oaks Right Now?

Yes, buyers have plenty of options in Three Oaks right now. The market has 10 active listings and 10 months of supply, giving buyers more choice and negotiating power. There were 2 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
10
↑ 0.43%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Three Oaks. There are currently 10 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Three Oaks
location pin
Updated MonthlyLast Updated: March 2026

Are Buyers or Sellers Controlling the Three Oaks Market?

Buyers currently have the upper hand in the Three Oaks housing market. Homes are selling for 94.59% of their asking price, and price reductions saw a 15.71% change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
0%
↓ 0%YoY
What this chart showsSold Above List
The line tracks the share of homes in Three Oaks selling above their asking price over time. Currently, 0% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Three Oaks
location pin
Updated MonthlyLast Updated: March 2026

Find Your Perfect Three Oaks Home Now

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Frequently Asked Questions

How have Three Oaks house prices changed over the past year?

What are Three Oaks real estate market predictions for 2026?

What's the average home price in Three Oaks?

What is a good time to buy a home in Three Oaks?

When will the Three Oaks housing market crash?

How to buy a home in Three Oaks?

How can I list my home for sale in Three Oaks, MI?

What is the average mortgage rate for buyers in Three Oaks?

What is a good time to sell a house in Three Oaks?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Michigan.

Realcomp MLS-MI
Realcomp MLS-MI
MiRealSource MLS-MI
MiRealSource MLS-MI

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 9, 2026, 2:30 PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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Based on information from MiRealSource through Oct 9, 2026, 2:30 PM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.