Active Listings
11
⇧ 57.1% vs 7 last year
Data as of March 2026. Source: Realtor.com.
The STEPHENSON, MI real estate market (49887) currently shows 11 active listings, with 1 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 33 days last year.
The median listing price has fallen 11.1% year-over-year, from $299,900 to $266,725.
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 March 2026, there are 11 active listings in STEPHENSON, MI (zip code 49887), compared to 7 the prior year.
The median listing price in STEPHENSON, MI 49887 is $266,725 as of March 2026, a 11.1% decrease from $299,900 the prior year.
Homes in STEPHENSON, MI 49887 spend an average of 66 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of March 2026, STEPHENSON, MI 49887 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in STEPHENSON, MI 49887 save an estimated $5,335 compared to a typical 5% commission on the median listing price of $266,725. 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.