Market Overview
Home Prices in Sault Sainte Marie, MI
The median home value in Sault Sainte Marie, MI is $200,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sault Sainte Marie are priced51% below average. Sault Sainte Marie is part of the Sault Ste. Marie, MI metro area.
Over the past five years, Sault Sainte Marie home values have risen by approximately21.7%, reflecting strong long-term appreciation in this market.
Price History
Sault Sainte Marie Home Price Trend
City Comparison
Sault Sainte Marie vs. National Median
At $200,027, homes in Sault Sainte Marie cost 51% below the national median of $410,000. This makes Sault Sainte Marie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sault Sainte Marie?
20% Down Payment
$40,005
on $200,027
Monthly P&I
$1,043/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,325/mo
incl. taxes & insurance
Income Needed
$53,000
gross annual (30% rule)
10% Down Option
$20,003
+ PMI applies
Loan Amount (20% dn)
$160,022
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Sault Sainte Marie, MI?
The median home value in Sault Sainte Marie is $200,027 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Sault Sainte Marie?
Over the past year, home values in Sault Sainte Marie have increased by 6.1%. Over five years, prices have risen approximately 21.7%.
How much do I need to earn to buy a home in Sault Sainte Marie?
To comfortably afford the median home price of $200,027 with a 20% down payment ($40,005) at today's rates (6.8%), you'd need a gross annual income of approximately $53,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Sault Sainte Marie compare to the national average home price?
The national median home value is approximately $410,000. At $200,027, homes in Sault Sainte Marie are 51% below the national average.
What metro area is Sault Sainte Marie part of?
Sault Sainte Marie is part of the Sault Ste. Marie, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.