Sault Sainte Marie, Chippewa County, MI

Median Home Price Price

$178,957 $179K

Median Monthly Rent Rent

$925 $925

16.0x

Market Snapshot

Sault Sainte Marie, Chippewa County, MI is a city market with a median home price of $178,957, a median monthly rent of $925, a GRM of 16.0x, and a price-to-rent ratio of 16.1.

More markets to explore

Explore the data
Region Show
Pickford
$185K $945 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Ada, Pontotoc County, OK
$176K $1.0K 14.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Sault Sainte Marie

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Benchmark comparison

Rent in Sault Sainte Marie, MI is 2.1% lower than Pickford, MI.

Sault Sainte Marie, MI
Pickford, MI
Delta
Median rent
$925
$945
+$20
Median price
$178,957
$184,700
+$5,743
YoY change
+$34
+$74
+$40
Price-to-rent
16.1x
16.3x
+0.2x

Key takeaways

  • Sault Sainte Marie, Chippewa County, MI has a middle-grm screening profile: At 16.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $34 year over year.
  • Rent in Sault Sainte Marie, MI is 2.1% lower than Pickford, MI.