Active Listings
6
— vs 6 last year
Population: 2,758 · Density: 5.2/mi² · Median household income: $53,929
Typical home value: $159,616 · Homeownership: 86.8%
Data as of January 2026. Source: Realtor.com.
The STEPHENSON, MI real estate market (49887) currently shows 6 active listings, with 1 pending sales. Homes are averaging 281 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 281 days on market compared to 105 days last year.
The median listing price has fallen 52.7% year-over-year, from $359,450 to $169,900.
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.
| 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 January 2026, there are 6 active listings in STEPHENSON, MI (zip code 49887), compared to 6 the prior year.
The median listing price in STEPHENSON, MI 49887 is $169,900 as of January 2026, a 52.7% decrease from $359,450 the prior year.
Homes in STEPHENSON, MI 49887 spend an average of 281 days on the market before going under contract, compared to 105 days the prior year.
Based on current inventory and days-on-market data as of January 2026, STEPHENSON, MI 49887 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 281 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in STEPHENSON, MI 49887 save an estimated $3,398 compared to a typical 5% commission on the median listing price of $169,900. 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.