Sault Ste Marie, MI
Housing market overview · Updated weekly
$157,000median sale price
Homes sold
4
Last 12 weeks
Days on market
136
Average pace
Active listings
37
9.3 months supply
Sale-to-list
95.3%
Below asking
The Sault Ste Marie housing market is currently classified as a buyer's market with a median sale price of $157,000. Prices have risen 13.4% compared to last year, with homes spending an average of 136 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Sault Ste Marie
There are currently 37 homes listed for sale in Sault Ste Marie, Michigan. The median listing price is $209K.
Active listings
37
Homes on market
Median list price
$209K
Avg. days on market
136
Days until sale
New this week
7
Newly listed
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Sault Ste Marie?
The median home sale price in Sault Ste Marie is $157,000, up 13.4% from last year.
How long do homes stay on market in Sault Ste Marie?
Homes typically spend 136 days on market before going under contract.
Is Sault Ste Marie a buyer's or seller's market?
With 9.3 months of supply, Sault Ste Marie is currently a buyer's market.
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