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
Zip | Median Est. Value |
---|---|
49783 | $ 113,746 $ 99/sqft |
Housing Market Summary for Sault Sainte Marie, MI
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $306.4K | $207.2K | -32.39% |
Median Sold Price | $0 | $207.2K | - |
Homes For Sale | 14 | 20 | 42.86% |
Homes Sold | 0 | 1 | - |
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%.
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions49783 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.
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Guide for Sault Sainte Marie, MI
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.
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