New Listings in Stephenson, Michigan

Explore 8 active real estate listings in Stephenson, Michigan, including single-family homes, condos, waterfront, lots, vacant land, multi-family, and commercial properties for sale Prices range from $29,900 to $419,000.

8 listings in Stephenson, Michigan Refine Search Map View
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Stephenson, Michigan Real Estate Market

Market data calculated 5/21/2026
8 Total Listings Menominee County: 78
$202,388 Average Price Menominee County: $256,076
$199,900 Median Price Menominee County: $179,900
$131 Price / Sq Ft Menominee County: $132
204 days Days on Market Menominee County: 134 days
Current Market Condition Buyer's Market (More Negotiating Power)

Based on an average of 204 days on market.

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About Stephenson, Michigan

Stephenson is a small city in western Menominee County along the Menominee River, offering affordable real estate in a peaceful rural setting. The community serves as a hub for the surrounding agricultural and forestry region, with access to excellent fishing on the Menominee River and recreational opportunities in the surrounding countryside. Stephenson is ideal for buyers seeking affordable Upper Peninsula living with a quiet, close-knit community atmosphere.

Frequently Asked Questions

How many homes are for sale in Stephenson, Michigan?
There are currently 8 properties listed for sale in Stephenson, Michigan.
What is the median home price in Stephenson, Michigan?
The median listing price in Stephenson, Michigan is $199,900.
What is the average home price in Stephenson, Michigan?
The average listing price in Stephenson, Michigan is $202,388.
How long do homes stay on the market in Stephenson, Michigan?
Properties in Stephenson, Michigan stay on the market for an average of 204 days before selling.
What types of properties are available in Stephenson, Michigan?
Properties currently listed in Stephenson, Michigan include: Single-Family Homes, Commercial Properties, Vacant Land / Lots.
What is the average price per square foot for homes in Stephenson, Michigan?
The average price per square foot for homes listed in Stephenson, Michigan is $131.
What is the price range for homes for sale in Stephenson, Michigan?
Homes for sale in Stephenson, Michigan are currently priced from $29,900 to $419,000.
Are there waterfront properties for sale in Stephenson, Michigan?
Yes, there are 1 waterfront properties currently listed in Stephenson, Michigan, including listings on Osborn Lake.
What school districts serve Stephenson, Michigan?
Homes in Stephenson, Michigan are served by the following school districts: Stephenson School District, Stephenson Area School District.
How do home prices in Stephenson, Michigan compare to Menominee County?
The average listing price in Stephenson, Michigan is $202,388, compared to $256,076 for all of Menominee County — below the county average.
Is Stephenson, Michigan a buyer's or seller's market?
Based on current days on market (204 days on average), Stephenson, Michigan is considered a Buyer's Market (More Negotiating Power). Longer listing times give buyers more room to negotiate on price and terms.