Stevensville, MI 49127 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Stevensville, MI—49127

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$319,000

3.9% YoY Growth

Household Income

$96,800

46.1% YoY Growth

Days on Market

103

50.0% Longer YoY

Home Price Forecast

2.6%

Median Rent

$1,500

24.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,500

14.4% YoY Growth

3-Bed Rent

$1,400

0.7% YoY Growth

Home Price Trends — Stevensville, MI

As of Dec '25, the median home price in Stevensville, MI is $319,000, with a year-over-year change of 3.9%. This indicates that home prices in Stevensville, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$319,000	3.9%
Single Family	$321,000	4.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Stevensville, MI

As of July '25, Rentcast reports the average rent in Stevensville, MI is $1,500, with a year-over-year rent change of 24.0%. Per bedroom, the median rent as of July '25 in Stevensville, MI is 2-bedrooms: $1,350, 3-bedrooms: $1,430, 4-bedrooms: $2,500. The most common rental property sizes in Stevensville, MI are 2-bedroom and 1-bedroom, accounting for 70.8% and 14.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,500
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,500	$1,350
3 Bed Rent	$1,400	$1,430
4 Bed Rent	$2,500	$2,500

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% of Rental Stock

Studio

5.4%

1 Bedroom

14.4%

2 Bedrooms

70.8%

3 Bedrooms

8.3%

4 Bedrooms

1.0%

Property Listings — Stevensville, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Stevensville, MI is 77. This is a increase of 49.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$525,000	8.0%
Listing Count	22	-12.0%
Listings as % of Homes	0.5%	-12.0%
Days on Market	103	50.0%

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Demographics — Stevensville, MI

As of the latest ACS Survey released in 2023, Stevensville, MI has a population of 11,300, which has increased by 3.5% over the past 5 years. Stevensville, MI is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 46.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,300	3.5%
% Under 18	21.9%	-13.4%
% Seniors	17.1%	-10.9%
% WFH	14.4%	188.0%
% w/ College Degree	46.8%	13.0%

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As of the latest ACS Survey released in 2023, Stevensville, MI is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Stevensville, MI is hispanic, making up 4.9% of the population. Foreign-born residents account for 7.7% of the population in Stevensville, MI, and this percentage has increased by 45.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.5%	-7.7%
% Black	4.2%	55.6%
% Hispanic	4.9%	81.5%
% Asian	2.6%	-18.8%
% Foreign Born	7.7%	45.3%

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Mortgage and Risk — Stevensville, MI

According to HUD data as of 2023, there were 230 mortgage originations in Stevensville, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Stevensville, MI. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	230
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	2.0%
% Second Loans	6.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Stevensville, MI

Stevensville, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,010
2 Bedroom	-$170	$1,500	$1,330
3 Bedroom	$320	$1,400	$1,720
4 Bedroom	-$740	$2,500	$1,760

Stevensville, MI—49127

Key Metrics at a Glance

Home Price Trends — Stevensville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Stevensville, MI

% of Rental Stock

Property Listings — Stevensville, MI

Demographics — Stevensville, MI

Race and Ethnicity

Mortgage and Risk — Stevensville, MI

Mortgages

Rentals and Section 8 — Stevensville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Stevensville, MI

Home Price to Income Ratio

Stevensville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Baroda, MI

Saint Joseph, MI

Bridgman, MI

New Troy

Sawyer, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$319,000
Median Household Income	$96,800

Stevensville, MI—49127

Key Metrics at a Glance

Home Price Trends — Stevensville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Stevensville, MI

% of Rental Stock

Property Listings — Stevensville, MI

Demographics — Stevensville, MI

Race and Ethnicity

Mortgage and Risk — Stevensville, MI

Mortgages

Rentals and Section 8 — Stevensville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Stevensville, MI

Home Price to Income Ratio

Stevensville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Baroda, MI

Saint Joseph, MI

Bridgman, MI

New Troy

Sawyer, MI

Frequently Asked Questions

What is the average home price in Stevensville, MI 49127?

How have home prices in Stevensville, MI 49127 changed over the past year?

What is the home price projection for Stevensville, MI 49127?

What are the demographics of Stevensville, MI 49127?

How long does it take homes to sell in Stevensville, MI 49127?

What is the average rent price in Stevensville, MI 49127?