Photo: Gargiulo · Public domain24 homes sold in Three Oaks in the last year, at a typical $368K
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 Three Oaks homes are listed.
Every place Three Oaks homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Three Oaks.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Three Oaks’ sales, at a typical $367K
24 homes sold in the year to May 2026.
typical sale · 23 sold in 12 months
- Per square foot
- $267MI $172
- Days to sell
- 87
- Sold over asking
- 13%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 1 sold, typical $400K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 3.6 times the 2016 price
24 sales in the last year, against 40 in 2022 and a low of 17 in 2024. The typical sale went from $104K in 2016 to $368K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Three Oaks
Check a listing against what Three Oaks 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.
Bidding wars in Three Oaks are back to pre-pandemic levels, with about as many homes for sale
We read every month of Three Oaks’ 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 May 2026, 24 sales.
If you’re buying in Three Oaks
- Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
- You can negotiate. 31% of listings have cut their price, against 19% before the pandemic.
- Offer under asking. Buyers paid 96% of the list price on average; 17% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 87 days.
Summer brings the homes; winter brings the bidding wars
July has the most new listings (about 6 a month), but January is the most competitive: 27% of January sales close over asking. April offers nearly as much choice with fewer homes bid up (12%). March has the least competition (5%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Michigan
| Three Oaks now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 14% | 34% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 9% | 30% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 31% | 19% | 27% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 96% | 94.7% | 100.4% | 98.4% |
| Days to sellMedian days from listing to contract | 87 | 118 | 51 | 33 |
13 homes for sale on a typical day
That’s 1.7 times the 2021 low (8), 14% fewer than in 2017–19 and well under 2016’s 20.
1 in 3 listings has cut its price
31% in the last year, against 19% in 2017–19 and 28% across Michigan. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Three Oaks home costs about $2,195 a month
Price: Three Oaks’ typical sale, last 12 months. Property tax at Three Oaks’ 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Three Oaks is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $368K home, about $3,310 a year.
Taxes vs. neighborsSchools
The schools grade for Three Oaks, from test results, graduation and how much students grow.
Schools in Three OaksTypical commute
The average one-way trip to work for people who live in Three Oaks.
Work & commuteCheck 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 hazardsLook 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.
Galena Township, New Carlisle and Bridgman sell for less a square foot; Shorewood-Tower Hills-Harbert and New Buffalo for far more
The busier markets within 25 miles of Three Oaks, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New Buffalo | 63 | $656K | $369 | 10% | 60 |
| Shorewood-Tower Hills-Harbert | 39 | $927K | $446 | 28% | 83 |
| New Carlisle | 27 | $238K | $163 | 26% | 46 |
| Bridgman | 26 | $363K | $211 | 27% | 78 |
| Three Oaks | 24 | $368K | $269 | 17% | 87 |
| Long Beach | 21 | $827K | $288 | 5% | 86 |
| Galena Township | 20 | $324K | $157 | 25% | 76 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Three Oaks, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Three Oaks. People who follow the town see it, and so do people comparing Three Oaks with their own town. No commission, no listing fee.
Questions about buying a home in Three Oaks
What do homes sell for in Three Oaks, MI?
24 homes sold in the year to May 2026 at a typical $368K, $269 a square foot.
Is Three Oaks a buyer’s or seller’s market?
A seller’s market: 12 homes were for sale in May 2026 and 4 sold, about 3 months of supply. Buyers paid 96% of asking on average, and 31% of listings cut their price.
When is the best time to buy in Three Oaks?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Three Oaks?
About 0.9% of a home’s value a year. On a $368K home that’s near $3,310.
Where can I see homes for sale in Three Oaks?
Zillow, Redfin, Realtor.com and Homes.com all carry Three Oaks’ MLS listings; the search links above open each one filtered to Three Oaks.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).