Housing Prices in Stephenson, MI

How much do homes in Stephenson, MI cost?

Median List Price

$194,900

$119/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$37,450(+23.8%)

Key Takeaway

The list price of homes in Stephenson has increased by 23.8% since last year.

Summary: The median home list price in Stephenson was $194,900 in October 2024, up 23.8% from the previous year, and the median price per square foot was $119.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$129.9K
N/A
2 $224.9K$299.9K
+33.3%
3 $169.9K$194.9K
+14.7%
4 $24K$155K
+545.8%
5+ -$1.6M
N/A

Summary: Stephenson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 545.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Stephenson Township
+27.4%
Stephenson
+23.8%

Housing Supply in Stephenson, MI

How many homes are available in Stephenson, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Stephenson real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 11
0.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Stephenson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Stephenson, MI

How long does it take to sell a home in Stephenson, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
128 Days60 Days-52.9%

Summary: Homes in Stephenson had an average listing age of 60 days in Oct 2024, down by 52.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Stephenson, MI

Nearby Markets to Stephenson, MI