Active Listings
9
⇩ 55% vs 20 last year
Data as of July 2026. Source: Realtor.com.
The STEPHENSON, MI real estate market (49887) currently shows 9 active listings, with 1 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 58 days on market compared to 53 days last year.
The median listing price has fallen 34.6% year-over-year, from $259,900 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.
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 | 8 | $2,225,832 | $224,675 | $278,229 |
| 49893 | Wallace, MI 49893 | 9.3 mi | 1 | $349,450 | $349,450 | $349,450 |
| 49858 | Menominee, MI 49858 | 14.6 mi | 48 | $13,865,808 | $179,900 | $288,871 |
| 49886 | Spalding, MI 49886 | 18.8 mi | 3 | $986,376 | $287,475 | $328,792 |
| 49847 | Hermansville, MI 49847 | 19.2 mi | 1 | $62,500 | $62,500 | $62,500 |
| 54156 | Pembine, WI 54156 | 21.5 mi | 7 | $3,101,931 | $365,000 | $443,133 |
| 49807 | Bark River, MI 49807 | 23.6 mi | 4 | $1,371,352 | $354,500 | $342,838 |
| 49892 | Vulcan, MI 49892 | 25.8 mi | 5 | $2,729,750 | $575,950 | $545,950 |
| 54211 | Ephraim, WI 54211 | 27.1 mi | 5 | $672,375 | $120,000 | $134,475 |
| 54234 | Sister Bay, WI 54234 | 28.8 mi | 14 | $12,895,442 | $758,400 | $921,103 |
| 54151 | Niagara, WI 54151 | 29.0 mi | 11 | $1,780,900 | $139,950 | $161,900 |
| 49829 | Escanaba, MI 49829 | 30.3 mi | 35 | $12,344,080 | $314,450 | $352,688 |
| 54202 | Baileys Harbor, WI 54202 | 32.2 mi | 11 | $12,044,868 | $787,450 | $1,094,988 |
As of July 2026, there are 9 active listings in STEPHENSON, MI (zip code 49887), compared to 20 the prior year.
The median listing price in STEPHENSON, MI 49887 is $169,900 as of July 2026, a 34.6% decrease from $259,900 the prior year.
Homes in STEPHENSON, MI 49887 spend an average of 58 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of July 2026, STEPHENSON, MI 49887 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 53 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.