Sault Ste. Marie Mortgage Rates

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  • Trends
  • Rates vs. Fees
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  • Market Share
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  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Sault Ste. Marie averaged 6.07% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

    The average rate for the prior week (2022-06-16) was 6.04% and one month ago for the week of 2022-05-19, the average rate was 5.31%.

    Sault Ste. Marie's average rate one year ago was 2.96%.

    For refis of the same type during the week of 2022-06-23, the average rate was 6.28%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Sault Ste. Marie 30 Year Fixed Rate 2022-06-23 6.07%
    Sault Ste. Marie 30 Year Fixed Rate Refi 2022-06-23 6.28%
    Sault Ste. Marie 15 Year Fixed Rate 2022-06-23 7.08%
    Sault Ste. Marie 15 Year Fixed Rate Refi 2022-06-23 5.11%
    Sault Ste. Marie 30 Year FHA 2022-06-23 0.06%
    Sault Ste. Marie 30 Year FHA Refi 2022-06-23 0.14%
    Sault Ste. Marie 30 Year USDA 2022-06-23 0.16%
    Sault Ste. Marie 30 Year USDA Refi 2022-06-23 -0.33%
    Sault Ste. Marie 30 Year VA 2022-06-23 0.33%
    Sault Ste. Marie 30 Year VA Refi 2022-06-23 0.12%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sault Ste. Marie, MI.

    Sault Ste. Marie Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Sault Ste. Marie, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    QUICKEN LOANS, LLC 37 3.10% $4,995
    mBank 15 3.66% $2,164
    UNITED WHOLESALE MORTGAGE, LLC 12 3.12% $3,302
    The Huntington National Bank 10 3.11% $2,977
    VAN DYK MORTGAGE CORPORATION 7 3.48% $2,347
    CALIBER HOME LOANS, INC. 5 3.34% $3,251
    GreenStone Farm Credit Services, FLCA 5 3.57% $3,789
    AMERIFIRST FINANCIAL CORPORATION 4 3.44% $5,970
    NAVY FEDERAL CREDIT UNION 3 2.63% $3,671
    Flagstar Bank, FSB 3 3.50% $2,555
    LAKE MICHIGAN CREDIT UNION 3 3.17% $3,602
    MICHIGAN SCHOOLS AND GOVERNMENT 2 3.00% $2,768
    BETTER MORTGAGE CORPORATION 2 3.06% $2,880
    AMERICAN FINANCING CORPORATION 2 3.56% $5,021
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 3.13% $3,623
    JPMorgan Chase Bank 2 2.94% $4,000
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.19% $4,076
    MICHIGAN MUTUAL, INC. 2 3.25% $3,165
    HOME POINT FINANCIAL CORPORATION 1 3.38% $1,761
    Independent Bank 1 3.25% $2,611
    Isabella Bank 1 2.63% $2,290
    J. VIRGIL, INC. 1 2.88% $3,396
    LAFCU 1 2.88% $2,517
    MEMBER FIRST MORTGAGE, LLC 1 3.13% $3,388
    Morgan Stanley Private Bank 1 3.00% $2,620
    MORTGAGE 1 INCORPORATED 1 2.88% $3,030
    MORTGAGE CENTER L.C 1 3.25% $2,938
    Mortgage Research Center, LLC 1 2.75% $261
    Neighborhood Loans, Inc. 1 4.13% $2,725
    NFM, INC. 1 3.38% $0
    Nicolet National Bank 1 3.25% $3,197
    PNC Bank 1 3.59% $0
    Range Bank 1 3.00% $4,186
    SUCCESS MORTGAGE PARTNERS, INC. 1 3.63% $3,409
    TCF National Bank 1 2.75% $2,040
    The Central Trust Bank 1 3.25% $3,592
    The State Bank 1 2.50% $3,320
    UNIVERSITY LENDING GROUP, LLC 1 3.38% $2,750
    AMERICAN FINANCIAL NETWORK, INC. 1 3.50% $7,506
    Wanigas Credit Union 1 3.13% $2,183
    AMERISAVE MORTGAGE CORPORATION 1 2.99% $2,016
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 2.99% $6,648
    CHERRY CREEK MORTGAGE, LLC 1 3.38% $715
    ChoiceOne Bank 1 3.25% $2,156
    Citizens Bank 1 2.88% $2,852
    COMMUNITY FINANCIAL CREDIT UNION 1 3.00% $2,455
    CONTOUR MORTGAGE CORPORATION 1 3.38% $3,351
    CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $2,582
    DFCU FINANCIAL 1 3.50% $2,637
    DOW CHEMICAL EMPLOYEES' 1 3.13% $2,278
    EMBRACE HOME LOANS, INC. 1 3.25% $4,554
    Fifth Third Bank 1 3.25% $3,527
    FIRST HERITAGE FINANCIAL, LLC 1 3.50% $2,483
    FREEDOM MORTGAGE CORPORATION 1 3.13% $1,017
    GENISYS 1 3.00% $2,555
    Great Southern Bank 1 3.13% $2,653
    GUARANTEED RATE, INC. 1 3.50% $5,897

    Sault Ste. Marie, MI's 57 lenders originated 491 loans during 2021. The total origination value was $72,065,000, with an average loan value of $146,772.

    The top Sault Ste. Marie lender as defined by loan originations is QUICKEN LOANS, LLC, with 37 loans originated. Their average total fees are $4,995, which is $2,831 higher than the next largest lender, mBank.

    The lowest fee Sault Ste. Marie lenders (with over 10 loans originated) are mBank ($2,164), The Huntington National Bank ($2,977), UNITED WHOLESALE MORTGAGE, LLC ($3,302), QUICKEN LOANS, LLC ($4,995) and .

    The lowest rate Sault Ste. Marie lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.10%), The Huntington National Bank (3.11%), UNITED WHOLESALE MORTGAGE, LLC (3.12%), mBank (3.66%) and .

    Sault Ste. Marie, MI Lender Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    QUICKEN LOANS, LLC $8,130,000 $12,715,000 56.4% 17.6%
    The Huntington National Bank $6,960,000 $6,535,000 -6.1% 9.1%
    UNITED WHOLESALE MORTGAGE, LLC $1,270,000 $4,500,000 254.3% 6.2%
    VAN DYK MORTGAGE CORPORATION $3,400,000 n/a 4.7%
    Mortgage Research Center, LLC $4,480,000 $3,135,000 -30.0% 4.4%
    First Federal Bank of the Midwest $510,000 $2,725,000 434.3% 3.8%
    mBank $5,125,000 $2,210,000 -56.9% 3.1%
    FREEDOM MORTGAGE CORPORATION $2,345,000 $1,620,000 -30.9% 2.2%
    AMERIFIRST FINANCIAL CORPORATION $270,000 $1,510,000 459.3% 2.1%
    GreenStone Farm Credit Services, FLCA $1,760,000 $1,280,000 -27.3% 1.8%
    CALIBER HOME LOANS, INC. $1,245,000 n/a 1.7%
    NEW DAY FINANCIAL, LLC $1,055,000 $1,120,000 6.2% 1.6%
    INLANTA MORTGAGE, INC. $245,000 $1,105,000 351.0% 1.5%
    USAA Federal Savings Bank $1,320,000 $960,000 -27.3% 1.3%
    LAKE MICHIGAN CREDIT UNION $595,000 $950,000 59.7% 1.3%
    HOME POINT FINANCIAL CORPORATION $4,095,000 $945,000 -76.9% 1.3%
    Nicolet National Bank $930,000 n/a 1.3%
    MID AMERICA MORTGAGE, INC. $955,000 $905,000 -5.2% 1.3%
    Wells Fargo Bank $870,000 $895,000 2.9% 1.2%
    Flagstar Bank, FSB $250,000 $880,000 252.0% 1.2%
    NAVY FEDERAL CREDIT UNION $775,000 $800,000 3.2% 1.1%
    PENNYMAC LOAN SERVICES, LLC $815,000 $780,000 -4.3% 1.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $360,000 $705,000 95.8% 1.0%
    BETTER MORTGAGE CORPORATION $690,000 n/a 1.0%
    LOANDEPOT.COM, LLC $1,535,000 $635,000 -58.6% 0.9%
    AMERISAVE MORTGAGE CORPORATION $310,000 $615,000 98.4% 0.9%
    MICHIGAN SCHOOLS AND GOVERNMENT $595,000 n/a 0.8%
    MEMBER FIRST MORTGAGE, LLC $585,000 n/a 0.8%
    LAKEVIEW LOAN SERVICING, LLC $540,000 n/a 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $245,000 $530,000 116.3% 0.7%
    NEWREZ LLC $105,000 $515,000 390.5% 0.7%
    Carrington Mortgage Services, LLC $505,000 $470,000 -6.9% 0.7%
    AMERICAN FINANCIAL NETWORK, INC. $165,000 $450,000 172.7% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $430,000 n/a 0.6%
    TRIAD FINANCIAL SERVICES, INC. $35,000 $415,000 1,085.7% 0.6%
    JPMorgan Chase Bank $790,000 $390,000 -50.6% 0.5%
    Mercantile Bank of Michigan $85,000 $355,000 317.6% 0.5%
    PNC Bank $735,000 $340,000 -53.7% 0.5%
    21ST MORTGAGE CORPORATION $765,000 $315,000 -58.8% 0.4%
    Morgan Stanley Private Bank $315,000 n/a 0.4%
    EMBRACE HOME LOANS, INC. $205,000 $300,000 46.3% 0.4%
    MORTGAGE 1 INCORPORATED $290,000 $300,000 3.4% 0.4%
    The Central Trust Bank $295,000 n/a 0.4%
    The State Bank $85,000 $295,000 247.1% 0.4%
    TOTAL MORTGAGE SERVICES, LLC $295,000 n/a 0.4%
    Vibrant Credit Union $295,000 n/a 0.4%
    AMERICAN FINANCING CORPORATION $290,000 n/a 0.4%
    PENTAGON FEDERAL CREDIT UNION $480,000 $285,000 -40.6% 0.4%
    VILLAGE CAPITAL & INVESTMENT LLC $175,000 $270,000 54.3% 0.4%
    KeyBank $265,000 n/a 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $475,000 $260,000 -45.3% 0.4%
    Fifth Third Bank $915,000 $260,000 -71.6% 0.4%
    UNION HOME MORTGAGE CORP. $590,000 $255,000 -56.8% 0.4%
    GUARANTEED RATE, INC. $55,000 $245,000 345.5% 0.3%
    MICHIGAN MUTUAL, INC. $65,000 $245,000 276.9% 0.3%
    CLEARPATH LENDING $135,000 $240,000 77.8% 0.3%
    Servion, Inc. $240,000 n/a 0.3%
    Bank of Ann Arbor $235,000 n/a 0.3%
    Isabella Bank $155,000 $220,000 41.9% 0.3%
    UNIVERSITY LENDING GROUP, LLC $215,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $635,000 $205,000 -67.7% 0.3%
    J. VIRGIL, INC. $205,000 n/a 0.3%
    Third Federal Savings and Loan Association of Cleveland $205,000 n/a 0.3%
    Wyndham Capital Mortgage, Inc. $205,000 n/a 0.3%
    Univest Bank and Trust Co. $195,000 n/a 0.3%
    Independent Bank $190,000 n/a 0.3%
    Great Southern Bank $185,000 n/a 0.3%
    Honor Credit Union $280,000 $180,000 -35.7% 0.2%
    MORTGAGE CENTER L.C $200,000 $175,000 -12.5% 0.2%
    NFM, INC. $175,000 n/a 0.2%
    DOW CHEMICAL EMPLOYEES' $165,000 n/a 0.2%
    FIRST HERITAGE FINANCIAL, LLC $165,000 n/a 0.2%
    HEALTH ADVANTAGE FEDERAL CREDIT UNION $175,000 $165,000 -5.7% 0.2%
    MOVEMENT MORTGAGE, LLC $165,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $465,000 $155,000 -66.7% 0.2%
    ChoiceOne Bank $145,000 n/a 0.2%
    HOMESIDE FINANCIAL, LLC $145,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $200,000 $145,000 -27.5% 0.2%
    PLANET HOME LENDING, LLC $145,000 n/a 0.2%
    Range Bank $330,000 $145,000 -56.1% 0.2%
    Wanigas Credit Union $145,000 n/a 0.2%
    CONTOUR MORTGAGE CORPORATION $135,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $135,000 0.0% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $135,000 n/a 0.2%
    TCF National Bank $525,000 $135,000 -74.3% 0.2%
    ACADEMY MORTGAGE CORPORATION $125,000 n/a 0.2%
    Citizens Bank $125,000 n/a 0.2%
    COMMUNITY FINANCIAL CREDIT UNION $95,000 $125,000 31.6% 0.2%
    DFCU FINANCIAL $115,000 n/a 0.2%
    Bank of England $105,000 n/a 0.1%
    CREDIT UNION ONE $105,000 $105,000 0.0% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $250,000 $105,000 -58.0% 0.1%
    GENISYS $100,000 n/a 0.1%
    CHERRY CREEK MORTGAGE, LLC $95,000 n/a 0.1%
    CORNING $95,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $95,000 $95,000 0.0% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $95,000 n/a 0.1%
    SUMMIT FUNDING, INC. $95,000 n/a 0.1%
    Discover Bank $85,000 n/a 0.1%
    LAFCU $85,000 n/a 0.1%
    MEMBERS FIRST Credit Union $230,000 $85,000 -63.0% 0.1%
    The Dart Bank $530,000 $85,000 -84.0% 0.1%
    COPOCO Community Credit Union $75,000 n/a 0.1%
    INOVA FEDERAL CREDIT UNION $75,000 n/a 0.1%
    Low VA Rates, LLC $75,000 n/a 0.1%
    Neighborhood Loans, Inc. $75,000 n/a 0.1%
    Southern Michigan Bank & Trust $75,000 n/a 0.1%
    ELGA CREDIT UNION $70,000 n/a 0.1%
    BankVista $65,000 n/a 0.1%
    GVC MORTGAGE, INC. $65,000 n/a 0.1%
    Michigan Educational Credit Union $55,000 n/a 0.1%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $225,000 $55,000 -75.6% 0.1%
    ROYAL UNITED MORTGAGE LLC $95,000 $45,000 -52.6% 0.1%
    AMERICAN ADVISORS GROUP $35,000 $35,000 0.0% 0.0%
    Centier Bank $35,000 n/a 0.0%
    Figure Lending LLC $35,000 n/a 0.0%
    COMMUNITY CHOICE CREDIT UNION $25,000 n/a 0.0%

    Sault Ste. Marie's top lender by overall market share is QUICKEN LOANS, LLC, with 17.6% market share. In second place, with 9.1%, is The Huntington National Bank, having originated $6,535,000 in loans. In third place, with 6.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,500,000 in loans. In third place, with 4.7%, is VAN DYK MORTGAGE CORPORATION, having originated $3,400,000 in loans. In third place, with 4.4%, is Mortgage Research Center, LLC, having originated $3,135,000 in loans.

    Sault Ste. Marie, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 236 $36,790,000 $155,890
    Refi 155 $22,115,000 $142,677
    Cash Out Refi 83 $11,655,000 $140,422
    Home Improvement 12 $940,000 $78,333
    Other 5 $565,000 $113,000

    Sault Ste. Marie's most frequently cited loan purpose was Home Purchase, with 236 originations. The 2nd most popular reason was Refi, with 155 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 186 $27,680,000 $148,817
    3-4% 175 $28,475,000 $162,714
    <2.5% 85 $13,455,000 $158,294
    Over 8% 13 $425,000 $32,692
    4-5% 12 $1,130,000 $94,167
    7-8% 9 $315,000 $35,000
    5-6% 8 $380,000 $47,500
    6-7% 3 $205,000 $68,333

    During 2021, Sault Ste. Marie's most frequently originated rate bucket was 2.5-3%, with 186 originations.

    Loan Sizing (Sault Ste. Marie, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 252 $35,620,000 $141,349
    $100,000 or less 149 $9,725,000 $65,268
    $200k-400k 85 $22,055,000 $259,471
    $400k-600k 4 $1,940,000 $485,000
    $Over $1MM 1 $2,725,000 $2,725,000

    Sault Ste. Marie's loan sizing saw the bucket of loans from $100k-200k with 252 originations, totaling $35,620,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 224 $35,800,000 $159,821
    60-80% 145 $21,055,000 $145,207
    40-60% 50 $6,620,000 $132,400
    20-40% 14 $1,490,000 $106,429
    Over 100% 7 $1,495,000 $213,571
    Under 20% 5 $165,000 $33,000

    Sault Ste. Marie's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 224 originations, totaling $35,800,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sault Ste. Marie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $140,000 (12.0%) $195,630 (10.6%) 0.00 417
    2018-02-01 $139,900 (8.5%) $195,137 (10.4%) 0.00 406
    2018-03-01 $145,000 (11.6%) $203,114 (15.5%) 0.00 394
    2018-04-01 $148,500 (14.3%) $204,752 (15.8%) 0.00 390
    2018-05-01 $149,935 (7.5%) $214,237 (19.5%) 0.00 403
    2018-06-01 $150,000 (7.6%) $209,857 (15.4%) 0.00 457
    2018-07-01 $149,450 (7.5%) $205,970 (12.6%) 0.00 511
    2018-08-01 $149,900 (7.5%) $210,984 (11.3%) 0.00 523
    2018-09-01 $147,500 (6.1%) $212,752 (13.1%) 0.00 502
    2018-10-01 $145,000 (3.7%) $216,759 (13.8%) 0.00 471
    2018-11-01 $147,000 (5.1%) $218,142 (14.5%) 0.00 457
    2018-12-01 $149,000 (6.4%) $218,154 (12.7%) 0.00 420
    2019-01-01 $149,000 (6.4%) $221,080 (13.0%) 0.00 393
    2019-02-01 $149,900 (7.2%) $225,929 (15.8%) 0.00 388
    2019-03-01 $154,186 (6.3%) $229,559 (13.0%) 0.00 370
    2019-04-01 $159,900 (7.7%) $233,438 (14.0%) 0.00 369
    2019-05-01 $159,900 (6.7%) $231,762 (8.2%) 0.00 364
    2019-06-01 $165,000 (10.0%) $233,643 (11.3%) 0.00 392
    2019-07-01 $165,000 (10.4%) $228,615 (11.0%) 0.00 424
    2019-08-01 $164,957 (10.0%) $228,645 (8.4%) 0.00 421
    2019-09-01 $164,900 (11.8%) $226,010 (6.2%) 0.00 413
    2019-10-01 $159,900 (10.3%) $220,767 (1.9%) 0.00 409
    2019-11-01 $159,900 (8.8%) $222,499 (2.0%) 0.00 368
    2019-12-01 $162,400 (9.0%) $218,978 (0.4%) 0.00 324
    2020-01-01 $159,900 (7.3%) $211,526 (-4.3%) 0.00 309
    2020-02-01 $164,900 (10.0%) $220,857 (-2.3%) 0.00 311
    2020-03-01 $169,450 (9.9%) $229,437 (-0.1%) 0.00 303
    2020-04-01 $169,000 (5.7%) $229,277 (-1.8%) 0.00 302
    2020-05-01 $169,000 (5.7%) $217,540 (-6.1%) 0.00 300
    2020-06-01 $169,000 (2.4%) $213,684 (-8.5%) 0.00 283
    2020-07-01 $169,900 (3.0%) $215,619 (-5.7%) 0.00 274
    2020-08-01 $175,000 (6.1%) $220,369 (-3.6%) 0.00 249
    2020-09-01 $169,900 (3.0%) $221,274 (-2.1%) 0.00 215
    2020-10-01 $175,000 (9.4%) $235,346 (6.6%) 0.00 182
    2020-11-01 $164,950 (3.2%) $241,003 (8.3%) 0.00 185
    2020-12-01 $148,950 (-8.3%) $218,536 (-0.2%) 0.00 167
    2021-01-01 $149,000 (-6.8%) $229,235 (8.4%) 0.00 150
    2021-02-01 $169,999 (3.1%) $247,991 (12.3%) 0.00 127
    2021-03-01 $184,450 (8.9%) $263,628 (14.9%) 0.00 113
    2021-04-01 $194,000 (14.8%) $304,551 (32.8%) 0.00 96
    2021-05-01 $199,900 (18.3%) $336,288 (54.6%) 0.00 98
    2021-06-01 $199,450 (18.0%) $331,276 (55.0%) 0.00 120
    2021-07-01 $199,000 (17.1%) $323,493 (50.0%) 0.00 111
    2021-08-01 $217,500 (24.3%) $355,349 (61.3%) 0.00 115
    2021-09-01 $219,900 (29.4%) $344,227 (55.6%) 0.00 118
    2021-10-01 $215,000 (22.9%) $332,042 (41.1%) 0.00 110
    2021-11-01 $189,000 (14.6%) $288,930 (19.9%) 0.00 97
    2021-12-01 $174,950 (17.5%) $255,233 (16.8%) 0.00 88
    2022-01-01 $179,000 (20.1%) $261,279 (14.0%) 0.00 76
    2022-02-01 $179,900 (5.8%) $265,756 (7.2%) 0.00 55
    2022-03-01 $220,000 (19.3%) $288,631 (9.5%) 0.00 49
    2022-04-01 $200,000 (3.1%) $280,717 (-7.8%) 0.00 50
    2022-05-01 $220,000 (10.1%) $258,508 (-23.1%) 0.00 61
    Sault Ste. Marie's median listing price for 2022-05-01 was $220,000, a difference of $20,100 (10.1%) versus the prior year and $20,000 versus the prior month.

    Sault Ste. Marie's median listing price comes in at 0% of the national average.

    Sault Ste. Marie's average listing price for 2022-05-01 was $258,508, a difference of $-77,780 (-23.1%) versus the prior year and $-22,209 versus the prior month.

    For the 2022-05-01 period, Sault Ste. Marie had 61 MLS listings, a difference of 11 listings (22%) versus the prior month and -37 listings (-38%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sault Ste. Marie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,383 sqft
    2018-02-01 0 days 1,402 sqft
    2018-03-01 0 days 1,452 sqft
    2018-04-01 0 days 1,440 sqft
    2018-05-01 0 days 1,420 sqft
    2018-06-01 0 days 1,416 sqft
    2018-07-01 0 days 1,400 sqft
    2018-08-01 0 days 1,393 sqft
    2018-09-01 0 days 1,360 sqft
    2018-10-01 0 days 1,378 sqft
    2018-11-01 0 days 1,364 sqft
    2018-12-01 0 days 1,352 sqft
    2019-01-01 0 days 1,360 sqft
    2019-02-01 0 days 1,388 sqft
    2019-03-01 0 days 1,377 sqft
    2019-04-01 0 days 1,400 sqft
    2019-05-01 0 days 1,400 sqft
    2019-06-01 0 days 1,400 sqft
    2019-07-01 0 days 1,400 sqft
    2019-08-01 0 days 1,400 sqft
    2019-09-01 0 days 1,400 sqft
    2019-10-01 0 days 1,400 sqft
    2019-11-01 0 days 1,400 sqft
    2019-12-01 0 days 1,404 sqft
    2020-01-01 0 days 1,374 sqft
    2020-02-01 0 days 1,400 sqft
    2020-03-01 0 days 1,434 sqft
    2020-04-01 0 days 1,416 sqft
    2020-05-01 0 days 1,400 sqft
    2020-06-01 0 days 1,400 sqft
    2020-07-01 0 days 1,400 sqft
    2020-08-01 0 days 1,400 sqft
    2020-09-01 0 days 1,372 sqft
    2020-10-01 0 days 1,330 sqft
    2020-11-01 0 days 1,382 sqft
    2020-12-01 0 days 1,400 sqft
    2021-01-01 0 days 1,400 sqft
    2021-02-01 0 days 1,400 sqft
    2021-03-01 0 days 1,350 sqft
    2021-04-01 0 days 1,337 sqft
    2021-05-01 0 days 1,404 sqft
    2021-06-01 0 days 1,470 sqft
    2021-07-01 0 days 1,512 sqft
    2021-08-01 0 days 1,500 sqft
    2021-09-01 0 days 1,413 sqft
    2021-10-01 0 days 1,408 sqft
    2021-11-01 0 days 1,372 sqft
    2021-12-01 0 days 1,344 sqft
    2022-01-01 0 days 1,344 sqft
    2022-02-01 0 days 1,398 sqft
    2022-03-01 0 days 1,488 sqft
    2022-04-01 0 days 1,450 sqft
    2022-05-01 0 days 1,418 sqft
    Sault Ste. Marie's median listing age (time on market) for 2022-05-01 was 0 days.

    Sault Ste. Marie's median square footage for active listings during the 2022-05-01 period was 1,418 sqft. One year prior, the average listing was 1,404 sqft.