Active Listings
16
⇩ 5.9% vs 17 last year
Data as of September 2026. Source: Realtor.com.
The STEPHENSON, MI real estate market (49887) currently shows 16 active listings. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 46 days on market compared to 105 days last year.
The median listing price has risen 23.1% year-over-year, from $253,675 to $312,400.
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 September 2026, there are 16 active listings in STEPHENSON, MI (zip code 49887), compared to 17 the prior year.
The median listing price in STEPHENSON, MI 49887 is $312,400 as of September 2026, a 23.1% increase from $253,675 the prior year.
Homes in STEPHENSON, MI 49887 spend an average of 46 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 September 2026, STEPHENSON, MI 49887 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in STEPHENSON, MI 49887 save an estimated $6,248 compared to a typical 5% commission on the median listing price of $312,400. 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.