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Three Oaks village, MI

ZIP 49128 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49128

Median Home Value
$247,000
Median Rent
$769
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,587/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49128 in Three Oaks village, MI, a household would need roughly $68,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,587. That is roughly in line with the local median household income ($73,023). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.4%+29% vs US avg
x
Vacancy Rate
23.5%+129% vs US avg
x
Broadband Access
84.8%-3% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
9.9%-22% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
19.1%-62% vs US avg
x
Mortgage-Free
52.0%+36% vs US avg
x
$247,000
Home Value
$769
Rent
1963
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached88.3%
  • 1-unit attached0.5%
  • 2-9 units4.1%
  • 10+ units1.4%
  • Mobile home & other5.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$247,000
Median rent$769
Owner-occupied84.4%
Vacant23.5%
Price-to-income3.4x
Est. income to buy$68,000