Commercial Real Estate Market in Three Oaks, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 216 off-market properties in Three Oaks, MI.
Market Trends
Three Oaks, MI spans 43.7 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Three Oaks, MI asks $131/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Three Oaks, MI asks $104/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Three Oaks, MI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Three Oaks, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Three Oaks, MI has 3,448 residents in 1,929 households. Density runs 79 people per square mile. Median household income here is $73,023 and median gross rent $984 a month.
3,448
Population
1,929
Households
1.8
Avg Household Size
52
Median Age
24%
College-Educated
94%
High-School Grad
43.7 sq mi
ZIP Area
79
Density / Sq Mi
$73,023
Median Household Income
$41,460
Median Earnings
$984
Median Rent
$247,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Union Pier | — | — |
| Lakeside | — | — |
| Harbert | — | — |
| Galien | — | — |
Commercial property in Three Oaks, MI asks $155/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Three Oaks?
Commercial property in Three Oaks, MI asks an average of $155 per square foot. The 3 most recent recorded sales traded at a median of $163/SF. Office carries the highest asking price at $131/SF.
Where does Realmo's Three Oaks market data come from?
Realmo compiles Three Oaks, MI figures from 4 recent recorded sales, 16 active sale listings, 216 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 0 active for-lease listings in Three Oaks, MI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
