49887, MI Homes for Sale | Place Perfect Realty

Overview

New Listings in 49887, Michigan

Explore 10 active real estate listings in 49887, Michigan, including single-family homes, condos, waterfront, lots, vacant land, multi-family, and commercial properties for sale Prices range from $75,900 to $475,000.

10 listings in 49887, Michigan Refine Search Map View

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Main property photo - E617 Hendricksen Street, Stephenson, MI 49887

$134,900 Home for Sale

3 bds | 1 ba | 1,055 sqft

E617 Hendricksen Street, Stephenson, MI 49887

New

Main property photo - Cr G-12 Road, Stephenson, MI 49887

$84,900 Land / Lot for Sale

20+ acres

Cr G-12 Road, Stephenson, MI 49887

Main property photo - W3910 County Road 358, Stephenson, MI 49887

$219,900 Home for Sale

2 bds | 2 ba | 1,216 sqft

W3910 County Road 358, Stephenson, MI 49887

Main property photo - N9035 Gustafson Road, Stephenson, MI 49887

$149,900 Home for Sale

5 bds | 2 ba | 2,351 sqft

N9035 Gustafson Road, Stephenson, MI 49887

Main property photo - N9065 Lance Road, Stephenson, MI 49887

$159,900 Land / Lot for Sale

20+ acres

N9065 Lance Road, Stephenson, MI 49887

Main property photo - N8595 Old 41, Stephenson, MI 49887

$475,000 Home for Sale

3 bds | 3 ba | 3,800 sqft

N8595 Old 41, Stephenson, MI 49887

Main property photo - N126 Thoune Street, Stephenson, MI 49887

$174,900 Home for Sale

3 bds | 2 ba | 1,008 sqft

N126 Thoune Street, Stephenson, MI 49887

Main property photo - N8325 N River Road, Stephenson, MI 49887

$189,900 Home for Sale

2 bds | 1 ba | 1,040 sqft

N8325 N River Road, Stephenson, MI 49887

Main property photo - E807 Gerue Street, Stephenson, MI 49887

$250,000 Commercial

6,450 sqft

E807 Gerue Street, Stephenson, MI 49887

Main property photo - S304 Menominee Street, Stephenson, MI 49887

$75,900 Commercial

6,544 sqft

S304 Menominee Street, Stephenson, MI 49887

49887, Michigan Real Estate Market

Market data calculated 8/31/2026

10 Total Listings Menominee County: 102

$191,520 Average Price Menominee County: $300,359

$167,400 Median Price Menominee County: $219,900

$113 Price / Sq Ft Menominee County: $151

158 days Days on Market Menominee County: 95 days

Current Market Condition Buyer's Market (More Negotiating Power)

Based on an average of 158 days on market.

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About 49887, 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 49887, Michigan?

There are currently 10 properties listed for sale in 49887, Michigan.

What is the median home price in 49887, Michigan?

The median listing price in 49887, Michigan is $167,400.

What is the average home price in 49887, Michigan?

The average listing price in 49887, Michigan is $191,520.

How long do homes stay on the market in 49887, Michigan?

Properties in 49887, Michigan stay on the market for an average of 158 days before selling.

What types of properties are available in 49887, Michigan?

Properties currently listed in 49887, Michigan include: Single-Family Homes, Commercial Properties, Vacant Land / Lots.

What is the average price per square foot for homes in 49887, Michigan?

The average price per square foot for homes listed in 49887, Michigan is $113.

What is the price range for homes for sale in 49887, Michigan?

Homes for sale in 49887, Michigan are currently priced from $75,900 to $475,000.

How do home prices in 49887, Michigan compare to Menominee County?

The average listing price in 49887, Michigan is $191,520, compared to $300,359 for all of Menominee County — below the county average.

Is 49887, Michigan a buyer's or seller's market?

Based on current days on market (158 days on average), 49887, Michigan is considered a Buyer's Market (More Negotiating Power). Longer listing times give buyers more room to negotiate on price and terms.

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Homes for Sale in 49887, Michigan

New Listings in 49887, Michigan

49887, Michigan Real Estate Market

About 49887, Michigan

Frequently Asked Questions

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