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Sault Ste. Marie, ON

Updated: Aug 2016
House
Median price $199,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.60%
Apartment
Median price $169,900
Monthly growth 9.68 %
Quarterly trend
Stock on market 0.14%

Sault Ste. Marie Home Price

The median asking price in Sault Ste. Marie is $199,900, pretty close to the median three months ago which was $199,900 .

When our research team crunched the numbers we calculated that Sault Ste. Marie has a median home price of $199,900.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 1145 neighbourhoods that have more properties on sale than Sault Ste. Marie at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sault Ste. Marie will hopefully provide an indicator to help you where to research in-depth

Over the last three months in Sault Ste. Marie, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Last month, Sault Ste. Marie was Canada’s 752th priciest – this month at number 752 it’s dropped -432 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.

With Sault Ste. Marie’s median house price at $169,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

Across Ontario Sault Ste. Marie has the 27th most properties on offer with 196.

When we look at the data we have, it can help with trying to establish whether or not Sault Ste. Marie is a good investment target.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Beds Median price (House) Median price (Apartment)
1 bedroom $104,900 $174,900
2 bedrooms $149,900 $209,000
3 bedrooms $199,900 $369,900
4 bedrooms $229,900
5 bedrooms $254,900
Demographics
  • Population in 201175141
  • Population in 200674948
  • 2006 to 2011 population change (%)0.3
  • Total private dwellings33901
  • Private dwellings occupied by usual residents32517
  • Population density per square kilometre336.6
  • Land area (square km)223.26

Age Characteristics

Total population by age groups 75140
0 to 4 years 3450
5 to 9 years 3450
10 to 14 years 3770
15 to 19 years 4705
15 years 890
16 years 920
17 years 930
18 years 990
19 years 970
20 to 24 years 4750
25 to 29 years 4220
30 to 34 years 4070
35 to 39 years 3995
40 to 44 years 4470
45 to 49 years 5830
50 to 54 years 6515
55 to 59 years 5810
60 to 64 years 5275
65 to 69 years 4005
70 to 74 years 3445
75 to 79 years 2985
80 to 84 years 2425
85 years and over 1965
Median age of the population 45.7
% of the population aged 15 and over 85.8

Marital Status

Total population 15 years and over by marital status 64470
Married or living with a common-law partner 36190
Married (and not separated) 30485
Living common-law 5700
Not married and not living with a common-law partner 28285
Single (never legally married) 16575
Separated 2240
Divorced 4355
Widowed 5120

Family Characteristics

Total number of census families in private households 21970
Size of census family: 2 persons 12040
Size of census family: 3 persons 4865
Size of census family: 4 persons 3845
Size of census family: 5 or more persons 1220
Total number of census families in private households 21975
Total couple families by family structure and number of children 17810
Married couples 14965
Without children at home 7900
With children at home 7070
1 child 3005
2 children 3110
3 or more children 945
Common-law couples 2850
Without children at home 1510
With children at home 1335
1 child 690
2 children 445
3 or more children 200
Total lone-parent families by sex of parent and number of children 4165
Female parent 3275
1 child 2020
2 children 940
3 or more children 315
Male parent 885
1 child 620
2 children 220
3 or more children 45
Total children in census families in private households 20690
Under six years of age 4120
6 to 14 years 6480
15 to 17 years 2630
18 to 24 years 4750
25 years and over 2710
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 73630
Number of persons not in census families 13155
Living with relatives 1215
Living with non-relatives only 1995
Living alone 9940
Number of census family persons 60470
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 13635
Number of persons not in census families aged 65 years and over 4615
Living with relatives 400
Living with non-relatives only 195
Living alone 4020
Number of census family persons aged 65 years and over 9020
Total number of private households by household type 32515
Census-family households 21635
One-family-only households 20300
Couple-family households 16785
Without children 8835
With children 7950
Lone-parent-family households 3510
Other family households 1335
One-family households with persons not in a census family 1000
Couple-family households 600
Without children 290
With children 310
Lone-parent-family households 400
Two-or-more-family households 335
Non-census-family households 10885
One-person households 9940
Two-or-more-person households 940
Total number of occupied private dwellings by structural type of dwelling 32520
Single-detached house 21240
Apartment, building that has five or more storeys 2115
Movable dwelling 5
Other dwelling 9160
Semi-detached house 1890
Row house 945
Apartment, duplex 1515
Apartment, building that has fewer than five storeys 4730
Other single-attached house 85
Total number of private households by household size 32520
1 person 9940
2 persons 11800
3 persons 5120
4 persons 4080
5 persons 1200
6 or more persons 375
Number of persons in private households 73630
Average number of persons in private households 2.3

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