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Sault Ste. Marie, MI housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $146 $148 $153 $159 30.4% 1.4% 3.4% 3.9%
Active Listing Count 74 84 83 153 -17.8% 13.5% -1.2% 84.3%
Median Days on Market 86 90 88 67 -31.2% 4.7% -2.2% -23.9%
Share of listings with price decrease 6% 7.6% 10.2% 11.9%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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