Sault Ste. Marie Metro Area, MI Housing

The housing in Sault Ste. Marie, MI Metro Area is quite affordable compared to the US median value. The median value of housing in Sault Ste. Marie is $142,200 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation in Sault Ste. Marie is 9.86%, slightly higher than the US appreciation rate of 8.27%. This makes Sault Ste. Marie an attractive option for those looking to purchase a home in Michigan as it offers great affordability and a good appreciation rate.

The median home cost in Sault Ste. Marie Metro Area is $142,200. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Sault Ste. Marie Metro Area is up 21.4%.

Average Age of Homes

- The median age of Sault Ste. Marie Metro Area real estate is 43 years old

The Rental Market in Sault Ste. Marie Metro Area

- Renters make up 20.1% of the Sault Ste. Marie Metro Area population
- 1.1% of houses and apartments in Sault Ste. Marie Metro Area, 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

Housing	Sault Ste. Marie, Michigan	United States
	20,386.0	139,647,020.0
	45	42
	$142,200	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$14.10	$10.98
	$1,739	$2,690
	48.7%	57.4%
	32.5%	11.2%
	18.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.2%	0.4%
	25.7%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	3.5%	2.4%
	5.5%	2.8%
	11.0%	3.9%
	11.3%	4.5%
	23.8%	11.3%
	17.1%	13.0%
	14.3%	20.1%
	4.7%	13.6%
	0.7%	8.3%
	2.2%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	18.2%	13.6%
	9.5%	13.2%
	12.6%	14.8%
	18.2%	13.6%
	10.3%	10.0%
	6.5%	4.7%
	15.5%	12.2%

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