Sault Ste. Marie, MI Metro Area - Investment Guide
Metro Area • 10 Cities • 11 ZIP Codes
Avg Home Value
$206,534
Avg Monthly Rent
$1,081
Avg Cap Rate
4.25%
Avg Investability
3.1 ★
Cities
10
ZIP Codes
11
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.95%
as of Sep 17
Source: Freddie Mac PMMS
☀️
WARM MARKET
Sault Ste. Marie, MI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Sault Ste. Marie, MI
Every ZIP in the metro, ranked four ways. Free.
Cities in Sault Ste. Marie, MI
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 49788 | Kincheloe | MI | $90,544 | $981 | 8.45% | |
| 49788 | Kincheloe | MI | $90,544 | $981 | 8.45% | |
| 49788 | Kincheloe | MI | $110,504 | $981 | 6.92% | |
| 49788 | Kincheloe | MI | $114,097 | $981 | 6.71% | |
| 49788 | Kincheloe | MI | $114,427 | $981 | 6.69% | |
| 49760 | Saint Ignace | MI | $203,570 | $1,260 | 4.83% | |
| 49710 | Barbeau | MI | $226,689 | $963 | 3.31% | |
| 49768 | Paradise | MI | $212,654 | $963 | 3.53% | |
| 49793 | Trout Lake | MI | $180,934 | $990 | 4.27% | |
| 49715 | Brimley | MI | $238,143 | $873 | 2.86% | |
| 49774 | Pickford | MI | $205,178 | $954 | 3.63% | |
| 49780 | Rudyard | MI | $184,701 | $1,026 | 4.33% | |
| 49724 | Dafter | MI | $241,299 | $963 | 3.11% | |
| 49736 | Goetzville | MI | $190,425 | $963 | 3.94% | |
| 49783 | Sault Sainte Marie | MI | $197,521 | $963 | 3.80% | |
| 49710 | Barbeau | MI | $203,870 | $963 | 3.68% | |
| 49760 | Saint Ignace | MI | $230,356 | $1,260 | 4.27% | |
| 49788 | Kincheloe | MI | $100,470 | $981 | 7.62% | |
| 49793 | Trout Lake | MI | $192,326 | $990 | 4.02% | |
| 49715 | Brimley | MI | $214,757 | $873 | 3.17% | |
| 49768 | Paradise | MI | $220,948 | $963 | 3.40% | |
| 49724 | Dafter | MI | $224,854 | $963 | 3.34% | |
| 49774 | Pickford | MI | $215,929 | $954 | 3.45% | |
| 49780 | Rudyard | MI | $194,226 | $1,026 | 4.12% | |
| 49736 | Goetzville | MI | $182,710 | $963 | 4.11% | |
| 49760 | Saint Ignace | MI | $204,384 | $1,260 | 4.81% | |
| 49783 | Sault Sainte Marie | MI | $202,325 | $1,950 | 7.52% | |
| 49710 | Barbeau | MI | $219,771 | $963 | 3.42% | |
| 49768 | Paradise | MI | $198,942 | $963 | 3.78% | |
| 49793 | Trout Lake | MI | $201,027 | $990 | 3.84% | |
| 49715 | Brimley | MI | $233,794 | $873 | 2.91% | |
| 49774 | Pickford | MI | $196,543 | $954 | 3.79% | |
| 49780 | Rudyard | MI | $180,898 | $1,026 | 4.42% | |
| 49724 | Dafter | MI | $237,708 | $963 | 3.16% | |
| 49736 | Goetzville | MI | $185,999 | $963 | 4.04% | |
| 49783 | Sault Sainte Marie | MI | $188,576 | $963 | 3.98% | |
| 49710 | Barbeau | MI | $197,900 | $963 | 3.80% | |
| 49760 | Saint Ignace | MI | $212,925 | $1,260 | 4.62% | |
| 49788 | Kincheloe | MI | $99,176 | $981 | 7.72% | |
| 49715 | Brimley | MI | $203,415 | $873 | 3.35% | |
| 49768 | Paradise | MI | $215,197 | $963 | 3.49% | |
| 49793 | Trout Lake | MI | $179,461 | $990 | 4.30% | |
| 49724 | Dafter | MI | $213,905 | $963 | 3.51% | |
| 49774 | Pickford | MI | $206,451 | $954 | 3.60% | |
| 49780 | Rudyard | MI | $183,820 | $1,026 | 4.35% | |
| 49736 | Goetzville | MI | $172,376 | $963 | 4.36% | |
| 49760 | Saint Ignace | MI | $213,113 | $1,260 | 4.61% | |
| 49783 | Sault Sainte Marie | MI | $200,357 | $1,950 | 7.59% | |
| 49710 | Barbeau | MI | $219,976 | $963 | 3.41% | |
| 49768 | Paradise | MI | $191,570 | $963 | 3.92% |
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About Sault Ste. Marie, MI Real Estate Market
The Sault Ste. Marie, MI metropolitan statistical area (MSA) encompasses 10 cities and 11 ZIP codes. The average home value across the metro is $206,534, with an average monthly rent of $1,081. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.