Why Live in Sault Sainte Marie
Sault Sainte Marie, often referred to as "The Sault," is a small city in Michigan’s upper peninsula with a population of around 13,000. Situated on the Saint Marys River, it offers a peaceful pace of life and is known for its year-round outdoor attractions. The Soo Locks, a key feature of the Great Lakes shipping industry, are a popular site for public tours. The city hosts the International 500 Snowmobile Race and a summer Powwow celebrating Native American culture. The Sault Tribe of Chippewa Indians is the largest employer, with other major employers including Lake Superior State University and My Michigan Medical Center. Housing options range from affordable fixer-uppers to million-dollar riverside homes, though some properties may have a slight flooding risk. Most homes were built between 1900 and 2000, with many residents opting to remodel. The local schools have a high rating, and the high school’s Career and Technical Education center serves multiple districts. Hockey is a significant part of community life, with three major ice rinks and a strong local following. Downtown Sault Sainte Marie features a quaint district with grocery stores, while the Canadian side offers more shopping and dining options, accessible via an international bridge. Interstate 75 connects the city to Chippewa County International Airport, 20 miles away, and the Mackinac Bridge, 50 miles away. The area experiences heavy snowfall, averaging over 10 feet annually, and temperatures often drop below freezing from November to April. Crime rates are slightly below the state averages.
Frequently Asked Questions
What is the average home price in Sault Sainte Marie, MI?
Homes for sale in Sault Sainte Marie, MI have an average home price of $224,490.
How many homes have sold over the last 12 months in Sault Sainte Marie, MI?
380 homes have sold in Sault Sainte Marie, MI over the last 12 months.
What are the most popular zip codes in Sault Sainte Marie, MI?
How much do you need to make to afford a house in Sault Sainte Marie?
The median home price in Sault Sainte Marie is $180,000. If you put a 20% down payment of $36,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $40K a year to afford the median home price in Sault Sainte Marie.
How are the schools in Sault Sainte Marie, MI?
Home Trends in Sault Sainte Marie, MI
On average, homes in Sault Sainte Marie, MI sell after 81 days on the market compared to the national average of 50 days. The median sale price for homes in Sault Sainte Marie, MI over the last 12 months is $175,000, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$175,000
Median Single Family Sale Price
$180,000
Median 2 Bedroom Sale Price
$207,000
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$137
Number of Homes for Sale
54
Last 12 months Home Sales
380
Median List Price
$180,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
