Active Listings
8
⇧ 60% vs 5 last year
Data as of February 2026. Source: Realtor.com.
The STEPHENSON, MI real estate market (49887) currently shows 8 active listings, with 1 pending sales. Homes are averaging 173 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 173 days on market compared to 93 days last year.
The median listing price has fallen 27.5% year-over-year, from $309,900 to $224,675.
Whether you are buying or selling in STEPHENSON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,758 · Density: 5.2/mi² · Median household income: $53,929
Typical home value: $159,616 · Homeownership: 86.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49887 | Stephenson, MI 49887 | 0.0 mi | 6 | $1,490,160 | $169,900 | $248,360 |
| 49893 | Wallace, MI 49893 | 9.3 mi | 2 | $444,800 | $224,900 | $222,400 |
| 49858 | Menominee, MI 49858 | 14.6 mi | 52 | $14,994,616 | $179,900 | $288,358 |
| 49886 | Spalding, MI 49886 | 18.8 mi | 2 | $749,900 | $374,950 | $374,950 |
| 49847 | Hermansville, MI 49847 | 19.2 mi | 2 | $182,400 | $91,200 | $91,200 |
| 54156 | Pembine, WI 54156 | 21.5 mi | 7 | $2,727,802 | $360,000 | $389,686 |
| 49807 | Bark River, MI 49807 | 23.6 mi | 4 | $1,178,668 | $350,000 | $294,667 |
| 49892 | Vulcan, MI 49892 | 25.8 mi | 5 | $2,746,000 | $582,450 | $549,200 |
| 54211 | Ephraim, WI 54211 | 27.1 mi | 5 | $1,037,900 | $125,000 | $207,580 |
| 54210 | Ellison Bay, WI 54210 | 28.7 mi | 11 | $13,737,900 | $949,500 | $1,248,900 |
| 54157 | Peshtigo, WI 54157 | 28.9 mi | 10 | $2,772,670 | $227,400 | $277,267 |
| 54114 | Crivitz, WI 54114 | 29.7 mi | 36 | $12,433,896 | $265,000 | $345,386 |
| 49873 | Perronville, MI 49873 | 30.8 mi | 2 | $329,800 | $164,900 | $164,900 |
As of February 2026, there are 8 active listings in STEPHENSON, MI (zip code 49887), compared to 5 the prior year.
The median listing price in STEPHENSON, MI 49887 is $224,675 as of February 2026, a 27.5% decrease from $309,900 the prior year.
Homes in STEPHENSON, MI 49887 spend an average of 173 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of February 2026, STEPHENSON, MI 49887 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 173 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in STEPHENSON, MI 49887 save an estimated $4,494 compared to a typical 5% commission on the median listing price of $224,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.