Sault Ste Marie Housing Market Trends
Benchmark price $311,800 · -2.4% yearly change
MLS® Home Price Index Data · Source: CREA · Last updated 2026-09
Composite Benchmark
$311,800
-2.0% from last month · HPI 305.1Monthly Change
-2.0%
month over monthYearly Change
-2.4%
year over yearAll-Time Peak
$319,400
-2.4% from peak · Sep 2025Buyer's Market — Sault Ste Marie. Prices are declining. Higher inventory gives buyers more negotiating power.
Market Insights
Key signals computed from full price history
Price Recovery from Peak$311,800vs peak $319,400 · Sep 2025
Quarter-over-Quarter-0.9%price change, last 3 months
3-Year Total Return+8.8%trailing 36 months
5-Year Total Return+29.9%trailing 60 months
Price VolatilityHighstd dev of monthly changes: 3.01%
Affordability vs Ontario51%Ontario avg $605,479
Historical Low (Trough)$102,200Jan 2005 · +205.1% above low
Condo vs House Gap—single-family costs more than condos
Best PerformerTwo Storey -0.9%worst: One Storey -3.2%
Market Momentum Score2.5/10Weak — trend, volatility & conditions
Benchmark Price Trend
12-month composite benchmark price
Benchmark Price Over Time
Composite benchmark price history
HPI Index Over Time
Composite HPI (base 100)
Property Type Breakdown
Latest benchmark prices by type
Single Family$311,800HPI 305.1
Monthly-2.0%
Yearly-2.4%
One Storey$320,000HPI 294.1
Monthly-1.9%
Yearly-3.2%
Two Storey$300,100HPI 315.9
Monthly-2.3%
Yearly-0.9%
Advertisement
Property Type Details
Detailed breakdown for Sault Ste Marie
| Property Type | Benchmark | HPI Index | Monthly | Yearly | 12-Month Trend | Perf. Rank |
|---|---|---|---|---|---|---|
| Composite | $311,800 | 305.1 | -2.0% | -2.4% | — | — |
| Single Family | $311,800 | 305.1 | -2.0% | -2.4% | #2 | |
| One Storey | $320,000 | 294.1 | -1.9% | -3.2% | #3 | |
| Two Storey | $300,100 | 315.9 | -2.3% | -0.9% | #1 |
All Ontario Markets
Compare benchmark prices and changes across all 28 Ontario markets.
| Board Region | Benchmark | Monthly | Yearly | Peak | From Peak | Condition |
|---|---|---|---|---|---|---|
| Oakville Milton | $1,023,000 | -2.0% | -4.2% | Feb 2022 $1,573,100 | -35.0% | Buyer's Market |
| Greater Toronto | $917,600 | -0.9% | -4.6% | Feb 2022 $1,279,800 | -28.3% | Buyer's Market |
| Mississauga | $903,600 | -1.1% | -6.4% | Mar 2022 $1,326,500 | -31.9% | Buyer's Market |
| Guelph and District | $720,200 | +0.6% | -3.6% | Feb 2022 $976,100 | -26.2% | Balanced Market |
| Hamilton Burlington | $718,600 | -1.3% | -5.1% | Feb 2022 $1,031,700 | -30.3% | Buyer's Market |
| Barrie and District | $687,400 | -1.2% | -5.3% | Mar 2022 $969,700 | -29.1% | Buyer's Market |
| Cambridge | $662,700 | -0.6% | -4.2% | Feb 2022 $983,300 | -32.6% | Buyer's Market |
| Kitchener Waterloo | $630,200 | +0.3% | -5.6% | Feb 2022 $943,300 | -33.2% | Buyer's Market |
| Northumberland Hills | $628,600 | +0.1% | -2.5% | Mar 2022 $864,400 | -27.3% | Balanced Market |
| Ottawa | $623,500 | -2.2% | -0.3% | Mar 2022 $703,100 | -11.3% | Buyer's Market |
| Lakelands | $610,600 | -1.3% | -4.8% | Mar 2022 $795,400 | -23.2% | Buyer's Market |
| Brantford Region | $610,000 | -0.8% | -7.7% | Feb 2022 $863,000 | -29.3% | Buyer's Market |
| Windsor Essex | $570,000 | -2.4% | -2.4% | Apr 2022 $707,000 | -19.4% | Buyer's Market |
| Peterborough and Kawarthas | $568,200 | -0.8% | -3.8% | Mar 2022 $743,800 | -23.6% | Buyer's Market |
| Simcoe and District | $567,900 | +0.4% | -3.4% | Mar 2022 $701,700 | -19.1% | Balanced Market |
| Niagara Region | $567,400 | -0.4% | -4.6% | Mar 2022 $811,700 | -30.1% | Buyer's Market |
| Woodstock Ingersoll Tillsonburg | $566,700 | -1.8% | -5.1% | Apr 2022 $788,400 | -28.1% | Buyer's Market |
| Grey Bruce Owen Sound | $555,200 | -0.9% | -1.7% | Apr 2022 $667,800 | -16.9% | Balanced Market |
| London St Thomas | $552,500 | -0.2% | -2.6% | Feb 2022 $780,400 | -29.2% | Balanced Market |
| Kawartha Lakes | $547,400 | -1.8% | -8.6% | Apr 2022 $757,900 | -27.8% | Buyer's Market |
| Kingston and Area | $542,800 | -1.3% | +0.5% | Mar 2022 $624,100 | -13.0% | Balanced Market |
| Huron Perth | $538,900 | +0.9% | -2.7% | Apr 2022 $687,600 | -21.6% | Balanced Market |
| Rideau St Lawrence | $513,200 | -5.0% | -5.3% | Apr 2022 $590,500 | -13.1% | Buyer's Market |
| Sudbury | $498,000 | -0.3% | -1.2% | May 2026 $527,300 | -5.6% | Balanced Market |
| Quinte and District | $478,100 | -2.0% | -6.9% | Mar 2022 $626,400 | -23.7% | Buyer's Market |
| Bancroft and Area | $420,700 | +1.2% | -13.5% | Aug 2022 $521,000 | -19.3% | Buyer's Market |
| North Bay | $418,600 | -0.2% | -1.7% | Apr 2022 $440,000 | -4.9% | Balanced Market |
| Sault Ste Marie | $311,800 | -2.0% | -2.4% | Sep 2025 $319,400 | -2.4% | Buyer's Market |
Looking to Buy a Property?
Browse active MLS® listings or contact our team for expert guidance.
Browse ListingsData source: Canadian Real Estate Association (CREA) — MLS® Home Price Index. Last updated 2026-09.