Sault Ste. Marie, MI Housing


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Housing in Sault Ste. Marie, MI is relatively affordable compared to the US House median value of $338,100. The median value for a house in Sault Ste. Marie is $140,000 which is much more reasonable than other areas of the US. Not only that, but the appreciation rate for housing in Sault Ste. Marie is also higher than average at 16.52%, compared to 8.27% nationally. This makes Sault Ste. Marie an ideal place to invest in real estate for those looking for fast appreciation values and affordability.

The median home cost in Sault Ste. Marie is $140,000. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Sault Ste. Marie is up 21.4%.

Average Age of Homes
- The median age of Sault Ste. Marie real estate is 62 years old
The Rental Market in Sault Ste. Marie
- Renters make up 40.3% of the Sault Ste. Marie population
- 1.8% of houses and apartments in Sault Ste. Marie, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSault Ste. Marie, MichiganUnited States
  6,368.0139,647,020.0
  6442
  $140,000$338,100
  21.4%16.6%
  68.6%57.0%
  98.7%101.1%
  $14.10$10.98
  $2,037$2,690
  50.2%57.4%
  9.8%11.2%
  40.0%31.4%
  Vacant Housing
  1.8%1.9%
  0.3%0.4%
  0.5%0.7%
  0.3%0.4%
  1.3%3.6%
  5.5%4.1%
  Value of Owner-Occupied Housing
  6.1%2.6%
  5.4%2.4%
  6.5%2.8%
  15.8%3.9%
  13.5%4.5%
  26.8%11.3%
  11.2%13.0%
  8.5%20.1%
  3.8%13.6%
  0.5%8.3%
  1.7%9.7%
  0.3%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  9.4%13.6%
  9.4%13.6%
  9.5%13.6%
  6.6%13.2%
  10.9%14.8%
  9.5%13.6%
  11.0%10.0%
  10.6%4.7%
  31.3%12.2%
Reviews for Sault Ste. Marie
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As of the last few years, with education spending cuts, our student to teacher ratio is now somewhere near 31-32 students per classroom. The only exception is our  More

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Over 13 years ago

It is cold up here! I am bummed there isn't more to do inside with little ones when it is so cold for months.  More

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If you enjoy Winter and cool Summers, you may enjoy living here. Snowfall usually begins in December and lasts until late April. The last few years Winter weather has  More

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