Sault Sainte Marie, MI Home Values & Market Trends

Real estate market trends reflect that there have been 15 transactions over the past year in Sault Sainte Marie. The median value for residential home transactions that occurred over the previous year is $182,934. The number of current listings in Sault Sainte Marie is 285, and the percentage of properties for sale in the city is 285.00%. Sault Sainte Marie, MI currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 285 properties for sale.

Sault Sainte Marie, MI Real Estate Market Overview

ZipMedian Est. Value
49783

$ 182,934

$ 140/sqft

Housing Market Summary for Sault Sainte Marie, MI

Sep 2025September 2026Change
Median Listing Price$188.3K$199.5K5.93%
Median Sold Price$0$121.9K-
Homes For Sale19427843.30%
Homes Sold010-
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sault Sainte Marie, MI

Sault Sainte Marie home values range from $54,731 to $699,000. The median estimated value of a home in Sault Sainte Marie is $182,934. The median list price of a home is 202,200, and the total count of properties in the city is 292.

Foreclosure
There is 1 zips within Sault Sainte Marie, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $172,884 in 49783 to the lowest value of $99,398 in 49783. Foreclosure homes account for 0.00% of properties in Sault Sainte Marie, MI with 49783 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Sault Sainte Marie, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sault Sainte Marie, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sault Sainte Marie, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Sault Sainte Marie, MI. There is 1 zips within Sault Sainte Marie, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49783 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Sault Sainte Marie, MI. Auction homes and other auction properties account for 0.68% of all properties in Sault Sainte Marie, MI. There is 1 zips within Sault Sainte Marie, MI; of that zips, the median estimated home value for homes going to auction ranges from $172,884 in 49783 to the lowest value of $99,398 in 49783.
Homes for Sale
Homes and properties that are actively listed for sale account for 97.60% of residential properties in Sault Sainte Marie, MI with 49783 containing 285 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sault Sainte Marie, MI; homes for sale in that zips, have a range of median values from $699,000 in 49783 to the lowest value of $54,731 in 49783.
    Sold Homes
    The median value for recently sold homes ranges from $294,723 in 49783 to the lowest price of $60,816 in 49783. There is 1 zips within Sault Sainte Marie, MI. 49783 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.03% of properties in Sault Sainte Marie, MI.

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      Guide for Sault Sainte Marie, MI

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes Sault Sainte Marie, MI

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