Photo: P199 · CC BY-SA 3.0140 homes sold in Sault Ste. Marie in the last year, at a typical $183K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Sault Ste. Marie homes are listed.
Every place Sault Ste. Marie homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Sault Ste. Marie.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Sault Ste. Marie’s sales, at a typical $176K (year to May 2026)
140 homes sold in the year to September 2026.
typical sale · 144 sold in the year to May 2026
- Per square foot
- $129MI $172
- Days to sell
- 65
- Sold over asking
- 16%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 3 sold, typical $83K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.4 times the 2016 price
140 sales in the last year, against 186 in 2021 and a low of 108 in 2012. The typical sale went from $77K in 2016 to $183K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Sault Ste. Marie
Check a listing against what Sault Ste. Marie homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Sault Ste. Marie are back to pre-pandemic levels, with about as many homes for sale
We read every month of Sault Ste. Marie’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 140 sales.
If you’re buying in Sault Ste. Marie
- Shop in May. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
- Bid near asking. Buyers paid 99.4% of the list price on average; 9% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 67 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 22 a month), but July is the most competitive: 23% of July sales close over asking. January has the least competition (11%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Michigan
| Sault Ste. Marie now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 13% | 32% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 4% | 6% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 95.6% | 98.3% | 98.1% |
| Days to sellMedian days from listing to contract | 67 | 83 | 68 | 36 |
53 homes for sale on a typical day
That’s 1.8 times the 2023 low (30) and 11% more than in 2017–19.
Sault Ste. Marie ranks 193rd of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Sault Ste. Marie is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Sault Ste. Marie home costs about $1,232 a month
Price: Sault Ste. Marie’s typical sale, last 12 months. Property tax at Sault Ste. Marie’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sault Ste. Marie is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $183K home, about $3,330 a year.
Taxes vs. neighborsSchools
The schools grade for Sault Ste. Marie, from test results, graduation and how much students grow.
Schools in Sault Ste. MarieTypical commute
The average one-way trip to work for people who live in Sault Ste. Marie.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Sault Ste. Marie, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sault Ste. Marie. People who follow the town see it, and so do people comparing Sault Ste. Marie with their own town. No commission, no listing fee.
Questions about buying a home in Sault Ste. Marie
What do homes sell for in Sault Ste. Marie, MI?
140 homes sold in the year to September 2026 at a typical $183K, $132 a square foot.
Is Sault Ste. Marie a buyer’s or seller’s market?
A seller’s market: 65 homes were for sale in September 2026 and 17 sold, about 3.7 months of supply. Buyers paid 99.4% of asking on average.
When is the best time to buy in Sault Ste. Marie?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Sault Ste. Marie?
About 1.8% of a home’s value a year. On a $183K home that’s near $3,330.
Where can I see homes for sale in Sault Ste. Marie?
Zillow, Redfin, Realtor.com and Homes.com all carry Sault Ste. Marie’s MLS listings; the search links above open each one filtered to Sault Ste. Marie.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).