Metropolitan market · Michigan · June 2026 data

Sault Ste. Marie Real Estate Market

The Sault Ste. Marie, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Sault Ste. Marie report in a click.

Median listing price
$280,000
▼ 2.6% YoY
Median $ / sq ft
$179
1,461 sq ft median
Median days on market
34
June 2026
Active listings
157
For sale now
New listings
90
June 2026
Listings with price cuts
12%
Share of active
Median sale price (closed)
$184,500
▼ 27.1% YoY · closed sales
Sale-to-list ratio
97.6%
Closed sales
Homes sold / month
24
Closed sales
Median listing price trend
$287K$272K$256K$241K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Sault Ste. Marie MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$287K$248K$209K$169K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Sault Ste. Marie MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
157
New this month
90
Pending
43
Price-reduced
19

As of June 2026, the median home listed in Sault Ste. Marie, MI asks $280,000 — down 2.6% from a year ago. Homes are taking a median of 34 days to go under contract, and 12% of the 157 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Sault Ste. Marie, MI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
61/100
#235 of 932 covered metros
12-month outlook
+4.2%
▲ Rising · model output, not advice
Momentum
61
Value
64
Rental yield
33
Supply risk
8
Market heat
53

Sault Ste. Marie scores 61/100 on our composite Investor Score (#235 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 44% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 2.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Sault Ste. Marie ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,262/mo
−$144/mo vs today
At today's rate · 6.43%
$1,406/mo
National weekly average
If rates rise 1% · 7.43%
$1,556/mo
+$150/mo vs today

Principal & interest on the $280,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
84
▼ 8.7% vs 2024
2.3 per 1,000 residents
Net migration (2022–2023)
+39
▲ people, via tax-return records
net income flow +$5.2M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Sault Ste. Marie market FAQs

What is the median home price in Sault Ste. Marie?
As of June 2026, the median listing price in Sault Ste. Marie, MI is $280,000, down 2.6% year over year (source: public records and industry data). Figures cover the Sault Ste. Marie, MI metro area.
How fast are homes selling in Sault Ste. Marie?
The median property in Sault Ste. Marie spends 34 days on the market, with 157 homes actively listed and 12% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Sault Ste. Marie?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Sault Ste. Marie and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Sault Ste. Marie, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.