Three Oaks, MI Foreclosures
How much do homes sell for in Three Oaks, MI?
The average home price is currently $494,864.
In Three Oaks, MI, how many homes are available?
There are currently 160 active home listings available in Three Oaks.
What’s the average rental cost in Three Oaks, MI?
The average rental price in Three Oaks is $1,543.
What is the most expensive home in Three Oaks?
The most expensive home sold in Three Oaks had a price of $6,040,683.
What is currently the cheapest priced home in Three Oaks, MI?
The cheapest home for sale in Three Oaks is priced at $13,044.
Living in Three Oaks, MI
Three Oaks, MI is a charming small town known for its artistic community, local shops, and proximity to beautiful Lake Michigan. It is a family-friendly village that offers a relaxing lifestyle with access to outdoor activities and strong school district options. Community events foster a sense of belonging among residents.
Current Market Conditions in Three Oaks, MI
The real estate market in Three Oaks is currently trending upwards, with an increase in home values reflecting the growing interest in the area among buyers. The village's appealing lifestyle, combined with its natural beauty, attracts both families and retirees seeking a serene environment in which to live. Many homes in the area boast unique architectural styles, further enhancing the village's charm.
In recent months, there has been a noticeable increase in home sales, with properties often receiving multiple offers. The demand for housing has outpaced supply, leading to a competitive market especially for single-family homes. First-time buyers and those investing in vacation properties are particularly active, fueling market growth.
Home Value Estimator For Three Oaks, MI
There are currently 1,850 real estate properties
in Three Oaks, MI,
with a median automated valuation model (AVM) price
of $342,819.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Three Oaks, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Three Oaks, MI,
is $494,864.00, with the most expensive house
in Three Oaks, MI, topping out
at $6,040,683.00 and the cheapest home
in Three Oaks, MI,
clocking in at $13,044.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Three Oaks, MI!
Rent Prices
In Three Oaks, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Three Oaks, MI, is on
a rollercoaster ride. The
average rent price in Three Oaks, MI,
is $1,543.00. Indeed, when looking to rent in
Three Oaks, MI, you can expect to pay as little
as $940.00 or as much
as $2,720.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Three Oaks, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
