Is Three Oaks, MI 49128 a buyer’s or seller’s market?
Three Oaks is a buyer’s market. With about 11.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Three Oaks housing market right now
In the three months ending August 31, 2026, 33% of homes in Three Oaks, MI 49128 sold above their list price, the typical home went under contract in 64 days and there were 11.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (62 days then) and the median sale price fell 48% to $334,355. Overall, Three Oaks is more competitive than a year ago, so tougher for buyers.
Within Berrien County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell more often over asking than in 95%.
Nearby, buyers who want less competition could look at Sodus 49126 (0% sold over asking) or Sawyer 49125 (0% sold over asking).
Run the numbers for 49128
Nearby markets
Baroda 49101Seller’s market $164 /sq ftBenton Harbor 49022Balanced $149 /sq ftBerrien Center 49102Buyer’s market $148 /sq ftBerrien Springs 49103Balanced $185 /sq ft Browse all markets →Towns like Three Oaks nearby
Find towns like Three Oaks in other states →Where Three Oaks is
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Questions about Three Oaks real estate
Is Three Oaks a buyer’s or seller’s market?
A buyer’s market: there were 11.5 months of supply in Three Oaks, MI 49128 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Three Oaks?
The typical home went under contract in 64 days in the latest three months.
Do homes in Three Oaks sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Three Oaks?
About 1.08% of a home’s value a year in Berrien County, or roughly $4,320 on a $400,000 home.
What is the median home price in Three Oaks?
The median sale price was $334,355 in the three months ending August 31, 2026, about $192 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology