Sault Sainte Marie, MI Home Values & Market Trends

Real estate market trends reflect that there have been 1 transactions over the past year in Sault Sainte Marie. The median value for residential home transactions that occurred over the previous year is $146,577.97. The number of current listings in Sault Sainte Marie is 19, and the percentage of properties for sale in the city is 19.00%. Sault Sainte Marie, MI currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 19 properties for sale.

Sault Sainte Marie, MI Real Estate Market Overview

ZipMedian Est. Value
49783

$ 113,746

$ 99/sqft

Housing Market Summary for Sault Sainte Marie, MI

Mar 2023February 2024Change
Median Listing Price$306.4K$207.2K-32.39%
Median Sold Price$0$207.2K-
Homes For Sale142042.86%
Homes Sold01-
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Recently Sold Homes

Explore recent offers and recently sold homes in Sault Sainte Marie, MI

Browse Homes in Sault Sainte Marie, MI

Sault Sainte Marie home values range from $25,236 to $2,107,238. The median estimated value of a home in Sault Sainte Marie is $146,577.97. The median list price of a home is 159,000, and the total count of properties in the city is 6,508.

Foreclosure
There is 1 zips within Sault Sainte Marie, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $258,256 in 49783 to the lowest value of $74,880 in 49783. Foreclosure homes account for 0.00% of properties in Sault Sainte Marie, MI with 49783 containing 3 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 3 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 0.05% 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 $258,256 in 49783 to the lowest value of $74,880 in 49783.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Sault Sainte Marie, MI with 49783 containing 19 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 $373,131 in 49783 to the lowest value of $55,234 in 49783.
    Sold Homes
    The median value for recently sold homes ranges from $231,725 in 49783 to the lowest price of $231,725 in 49783. There is 1 zips within Sault Sainte Marie, MI. 49783 has 1 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.02% of properties in Sault Sainte Marie, MI.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Sault Sainte Marie, MI
      $
      $

      Guide for Sault Sainte Marie, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.