Housing in Stephenson, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$142,750

Median List Price

N/A

Price Per Sq Ft

$110

Days on Market

34

Active Inventory

1

Months of Supply

0.5

Seller's market

Zillow Home Value

$176,186

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 39.3%List Price 11.1%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

90.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Pending Sales

2

Homes Sold 100.0%New Listings 50.0%Pending 100.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$110

Sale $/SF 20.9%List $/SF 20.3%Mar 24Dec 25

Stephenson vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Stephenson is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$97,700

Median Rent

$657

Total Housing Units

439

Vacancy Rate

15.3%

Owner Occupied

71.8%

Renter Occupied

28.2%

Median Property Tax

$1,345

per year

Monthly Cost (w/ Mortgage)

$519

Housing Types

Single Family
85.2%
Multi-Family
14.3%
Mobile Home
0.5%

The current median sale price in Stephenson, MI is $142,750 according to Redfin data. Homes spend a median of 34 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $110. The median rent is $657 per month (Census ACS). About 71.8% of housing units are owner-occupied. The median year homes were built is 1966. There are 439 total housing units.