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Condo Foreclosures in Stephenson, MI

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Stephenson, MI Foreclosures

Current Market Conditions in in Stephenson, MI As of March 2026?
In the past month, the Stephenson real estate market has seen a slight increase in activity, with a few new listings coming onto the market and some properties receiving multiple offers. This increase suggests a growing interest in the area, particularly among families and retirees looking for a quieter lifestyle. Inventory remains relatively low, which continues to create a competitive environment for buyers.
How much do homes sell for in Stephenson, MI?
The average home price is currently $187,720.
What’s the average rental cost in Stephenson, MI?
The average rental price in Stephenson is $1,408.
What is the most expensive home in Stephenson?
The most expensive home sold in Stephenson had a price of $8,731,900.
What is currently the cheapest priced home in Stephenson, MI?
The cheapest home for sale in Stephenson is priced at $13,520.

Living in Stephenson, MI

Stephenson, MI is a picturesque small town celebrated for its natural beauty and tight-knit community. The area offers numerous outdoor activities, a peaceful lifestyle, and easy access to urban amenities. Perfect for those looking to escape the hustle and bustle of city life.

Buyer vs Seller Market in Stephenson, MI

The real estate market in Stephenson is characterized by affordable prices and a stable demand for homes. The community attracts buyers seeking a peaceful lifestyle along with outdoor recreational opportunities, which helps maintain a balanced market.

Trends indicate gradual growth in property values as more people are discovering the benefits of rural living, particularly post-pandemic. This interest supports a consistent market for both buyers and sellers.

Home Value Estimator For Stephenson, MI

There are currently 1,341 real estate properties in Stephenson, MI, with a median automated valuation model (AVM) price of $159,798.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stephenson, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Stephenson, MI, is $187,720.00, with the most expensive house in Stephenson, MI, topping out at $8,731,900.00 and the cheapest home in Stephenson, MI, clocking in at $13,520.00. In other words, there’s something for every potential homebuyer or savvy investor in Stephenson, MI!

Rent Prices In Stephenson, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stephenson, MI, is on a rollercoaster ride. The average rent price in Stephenson, MI, is $1,408.00. Indeed, when looking to rent in Stephenson, MI, you can expect to pay as little as $730.00 or as much as $2,000.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Stephenson, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Stephenson, MI Condos


Market Trend for Stephenson, MI

Total Listings Available: 0

Market Values:

Home Prices from $13,520 to $8,731,900

Average Sales Price: $187,720

Rental Values:

Rental from $730 to $2,000

Average Rent Value: $1,408 / month

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