Home prices
The median home price in Sault Ste. Marie is $92,500. Compared to its surrounding areas this is approximately $55,950 (37%) lower.In comparison to the entire country it is approximately $125,000 (57%) lower.
Rents
Sault Ste. Marie's median monthly rent is $698. It is about $60 (9%) higher compared to its nearby areas.In comparison to the nation as a whole it is about $364 (34%) lower.
Nearby places
Mackinac Island
Mackinac Island is roughly 39 miles south from Sault Ste. Marie. The housing prices there are a lot more expensive. Mackinac Island's median home value is $373,300, which works out to $280,800 (75%) higher than Sault Ste. Marie. The rent there is a little less expensive. The median rent in Mackinac Island is $595 a month, which works out to $103 (17%) lower than Sault Ste. Marie.
St. Ignace
St. Ignace is approximately 40 miles south from Sault Ste. Marie. Real estate prices there are a bit more expensive. The median home in St. Ignace costs $113,300, which comes out to $20,800 (18%) higher than Sault Ste. Marie. Its rents are somewhat less expensive. St. Ignace's median monthly rent is $605, which comes out to $93 (15%) lower than Sault Ste. Marie.
Mackinaw City
Mackinaw City is roughly 46 miles south from Sault Ste. Marie. Its housing prices are a lot more expensive. The median home in Mackinaw City is valued at $151,600, which works out to $59,100 (38%) higher than Sault Ste. Marie. Its rents are fairly similar. In Mackinaw City the median monthly rent is $686, which comes out to $12 (1%) lower than Sault Ste. Marie.
Newberry
Newberry is roughly 46 miles west of Sault Ste. Marie. The housing prices there are substantially less expensive. The price of the median home in Newberry is $49,400, which comes out to $43,100 (87%) lower than Sault Ste. Marie. Its rents are pretty similar. In Newberry the median monthly rent is $695, which is very similar to Sault Ste. Marie.
Carp Lake
Carp Lake is roughly 51 miles south from Sault Ste. Marie. Housing prices there are somewhat more expensive. The price of the median home in Carp Lake is $122,500, which is $30,000 (24%) higher than Sault Ste. Marie. The rent there is significantly less expensive. In Carp Lake the median rent is $525 per month, which comes out to $173 (32%) lower than Sault Ste. Marie.
Cheboygan
Cheboygan is approximately 51 miles south of Sault Ste. Marie. Its real estate prices are a little less expensive. The median home in Cheboygan is valued at $80,600, which works out to $11,900 (14%) lower than Sault Ste. Marie. Its rents are similar. Cheboygan's median rent is $719 a month, which works out to $21 (2%) higher than Sault Ste. Marie.