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Sault Sainte Marie 49783

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.MichiganStrong buyer's market
Market temperatureA 0 to 100 score comparing this area with every similar area nationwide each month. 0 is the strongest buyer's market, 100 the strongest seller's market.Strong buyer's market · 8
Buyer's marketBalancedSeller's market
$11K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-93.7%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
17
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$192K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Nov 2017Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
SepOctNov
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
SepOctNov
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
SepOctNov
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
SepOctNov
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
SepOctNov
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
SepOctNov
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
SepOctNov
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
SepOctNov
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20162017201920212023202420252026

Housing Stock

HomesHow many homes we have records for in this area.6,812
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$192K
Median sizeThe middle home size here, measured in square feet.1,305 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1955
Single familyThe share of homes here that are single-family houses.99%
CondosThe share of homes here that are condos.0.8%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.82%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.3%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.74%
Company ownedThe share of homes owned by a company or trust instead of a person.11%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.23%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.80
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.17,450
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.99 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$54K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68K
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Sault Sainte Marie 49783 compares

By median home value, Sault Sainte Marie 49783 is the 10th most expensive of 15 ZIP codes in Chippewa County, and its typical home is worth more than 49% of all homes in Chippewa County.

Home values in Sault Sainte Marie 49783

Share of homes at each estimated value.

Median
$93K$452K
ZIP codes in Chippewa County ranked by median home value
#Chippewa CountyMedian valueHomes
1Barbeau 49710$272K576
2Paradise 49768$272K951
3Hulbert 49748$232K222
4Trout Lake 49793$229K503
5Dafter 49724$226K560
6De Tour Village 49725$221K933
7Eckerman 49728$213K544
8Pickford 49774$194K1,153
9Brimley 49715$194K1,718
10Sault Sainte Marie 49783$192K6,812
11Drummond Island 49726$186K2,247
12Kinross 49752$184K291
13Goetzville 49736$175K539
14Rudyard 49780$146K1,033
15Kincheloe 49788$123K981

About the Sault Sainte Marie 49783 market

What is the median home price in Sault Sainte Marie 49783, MI?

The median sale price in Sault Sainte Marie 49783, MI is $11,100 (data through November 2017), based on deeds recorded with the county. That is down 93.7% from a year earlier.

How many homes sell in Sault Sainte Marie 49783, MI each year?

17 homes sold in Sault Sainte Marie 49783, MI over the last 12 months (data through November 2017). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

Is Sault Sainte Marie 49783, MI a buyer's or seller's market?

Sault Sainte Marie 49783, MI is currently a strong buyer's market, scoring 8 out of 100 on TopHap's market temperature index (data through November 2017). The score weighs sales velocity and price direction; above 60 favours sellers, below 40 favours buyers.

How many homes are there in Sault Sainte Marie 49783, MI?

Sault Sainte Marie 49783, MI contains 6,812 residential properties, with a median of 1,305 square feet, 3 bedrooms, built around 1955. The median TopHap Estimate is $192K.

How does Sault Sainte Marie 49783, MI compare to the rest of Chippewa County?

By median home value, Sault Sainte Marie 49783, MI is the 10th most expensive of 15 ZIP codes in Chippewa County. Its typical home is worth more than 49% of all homes in Chippewa County. Brimley 49715 ranks just above it and Drummond Island 49726 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Sault Sainte Marie 49783, MI?

74% of homes in Sault Sainte Marie 49783, MI are owner-occupied. 11% are held by a company rather than an individual.

How much equity do owners in Sault Sainte Marie 49783, MI hold?

82% of mortgaged homes in Sault Sainte Marie 49783, MI are equity-rich, meaning the loan balance is under half the home's value. 1.3% owe more than the home is worth.

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Explore Sault Sainte Marie 49783 on the map

See every recorded sale, price heat map, school zone and flood overlay across Sault Sainte Marie 49783 in TopHap’s interactive 3D map.

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