Housing in 49887 Stephenson, MI is significantly more affordable than the US housing market average. The median value for housing in 49887 Stephenson is $142,700 compared to the US median value of $338,100. In addition to being cheaper, the housing in 49887 Stephenson has appreciated at a higher rate over the past year than nationally, with a 1-year appreciation rate of 12.90% compared to 8.27%. This makes 49887 Stephenson particularly attractive for buyers looking for an affordable home that will also appreciate quickly in value.
The median home cost in Stephenson (zip 49887) is $142,700. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Stephenson (zip 49887) is up 23.1%.
Average Age of Homes
- The median age of Stephenson (zip 49887) real estate is 42 years old
The Rental Market in Stephenson (zip 49887)
- Renters make up 7.8% of the Stephenson (zip 49887) population
- 0.3% of houses and apartments in Stephenson (zip 49887), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.