Comprehensive market data and analysis• Updated Dec 2025
16.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | 1 | 1 | 3 | 4 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | 1 | 1 | 3 | 4 |
| 20-50 acres | - | 2 | 3 | 4 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 5 | 12 | 17 |
Acreage buckets
The median price for land in Sault Sainte Marie, Michigan is currently $2K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $87K.
Sault Sainte Marie, Michigan is currently a strong buyer's market with 16.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 673.4% year-over-year.
Sault Sainte Marie, Michigan currently has 16.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 32 active listings in Sault Sainte Marie, Michigan. 6 new listings have hit the market in the last 90 days. The median asking price is $38K.
The median land price in Sault Sainte Marie, Michigan stands at $45K. This translates to roughly $2K per acre for the typical parcel size. The average price is $53K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Sault Sainte Marie, Michigan is 6.3% (3-month basis), indicating slow demand. With appreciating values (+673.4% YoY), the market shows growth potential. The top-performing broker in this market is TERRAQUEST REAL ESTATE & LAND COMPANY.
Land in Sault Sainte Marie, Michigan typically sells within 66 days of listing. The median time on market is 41 days. Properties are moving at a moderate pace in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.