$2,446 Closing Credit*
$206,000
825 SqFt
3 Beds
•1 Full Bath
Kristen Sheldon, Listing Office: @properties Christies International R.E.
Is Three Oaks Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Three Oaks Township was a Buyer's Market.
Key Takeaway
Three Oaks Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Three Oaks Township, MI
How much do homes in Three Oaks Township, MI cost?
Median Sold Price
$247,500
$141/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$22,500(+10.0%)
Key Takeaway
Homes in Three Oaks Township have sold for 10% more than they did a month ago.
Summary: The median home sold price in Three Oaks Township was $247,500 in December 2024, up 10% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $225K | $320K | +42.2% |
| 4 Bedrooms | - | $150K | N/A |
| 5+ Bedrooms | - | $300K | N/A |
Summary: Three Oaks Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Three Oaks Township | $225K | $247.5K | +10.0% |
| Three Oaks | $225K | $247.5K | +10.0% |
Housing Supply in Three Oaks Township, MI
How many homes are available in Three Oaks Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Three Oaks Township real estate market had 23 homes for sale in December 2024, a 15.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Three Oaks Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Three Oaks Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Three Oaks Township in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Three Oaks Township, MI
How long does it take to sell a home in Three Oaks Township, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 89 Days | +118.3% |
Summary: Homes in Three Oaks Township had an average of 89 days on market in Dec 2024, up by 118.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Three Oaks Township has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Three Oaks Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
