Sault Ste Marie, MI

Buyer's market+13.4% YoY

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

Price drops:13.5%of listings
Sale-to-list:95.3%

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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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