Stephenson, WI housing market
Home prices around Stephenson have risen about 82% over the past 5 years. Builders were permitted 67 new homes in 2025.
Home values, sales, trends and how Stephenson compares with the towns next door — updated as new data is published.
Home prices up 82% in 5 years
The federal house price index for the ZIP codes around Stephenson rose 82% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 10%. Carrying the Census median home value forward with that index puts the typical Stephenson home at roughly $336,000 today.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +10% | +171% | +143% |
| 2024 | +2.1% | +145% | +131% |
| 2023 | +25% | +140% | +116% |
| 2022 | +15% | +91% | +95% |
| 2021 | +12% | +67% | +70% |
| 2020 | +7% | +49% | +54% |
| 2019 | −1.3% | +39% | +50% |
| 2018 | +7.8% | +41% | +43% |
| 2017 | +7.2% | +31% | +36% |
| 2016 | −3.7% | +22% | +29% |
| 2015 | +6% | +26% | +24% |
| 2014 | +0.2% | +19% | +21% |
| 2013 | −0.5% | +19% | +19% |
| 2012 | −0.4% | +20% | +19% |
| 2011 | −5.1% | +20% | +21% |
| 2010 | −1.4% | +27% | +25% |
| 2009 | −6% | +28% | +31% |
| 2008 | +0.1% | +37% | +36% |
| 2007 | +2.9% | +36% | +38% |
| 2006 | +5.1% | +33% | +36% |
| 2005 | +7.7% | +26% | +32% |
| 2004 | +7% | +17% | +21% |
| 2003 | −0.3% | +9.5% | +13% |
| 2002 | +6.2% | +9.8% | +9.3% |
| 2001 | +3.5% | +3.5% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54114, 54104, covering 89% of Stephenson’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
67 new homes permitted in 2025
Builders were permitted 67 new homes in Stephenson in 2025, all single-family houses, worth about $15.3 million to build. That's 19 per 1,000 residents, faster than across Wisconsin (4.3). Over the past 10 years, Stephenson has permitted 383 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Stephenson gained 488 residents while 244 new homes were permitted: about 2 new residents per new home. Building and growth moved roughly in step. Across Wisconsin: 1.3 new residents per new home.
How Stephenson ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 27 | 27 | 0 | $7.5 million |
| 2025 | 67 | 67 | 0 | $15.3 million |
| 2024 | 44 | 42 | 2 | $11.5 million |
| 2023 | 38 | 36 | 2 | $7.6 million |
| 2022 | 46 | 44 | 2 | $9 million |
| 2021 | 41 | 39 | 2 | $9.4 million |
| 2020 | 32 | 32 | 0 | $5.2 million |
| 2019 | 40 | 40 | 0 | $10.8 million |
| 2018 | 31 | 31 | 0 | $5.9 million |
| 2017 | 23 | 23 | 0 | $3.8 million |
| 2016 | 21 | 21 | 0 | $3.5 million |
| 2015 | 21 | 21 | 0 | $3.5 million |
| 2014 | 25 | 25 | 0 | $3.6 million |
| 2013 | 19 | 19 | 0 | $2.8 million |
| 2012 | 22 | 22 | 0 | $3.3 million |
| 2011 | 19 | 19 | 0 | $2.9 million |
| 2010 | 23 | 23 | 0 | $3.4 million |
| 2009 | 22 | 22 | 0 | $3.3 million |
| 2008 | 29 | 29 | 0 | $4.4 million |
| 2007 | 54 | 54 | 0 | $6.8 million |
| 2006 | 48 | 48 | 0 | $7.2 million |
| 2005 | 59 | 59 | 0 | $9 million |
| 2004 | 48 | 48 | 0 | $5 million |
| 2003 | 52 | 44 | 8 | $5.8 million |
| 2002 | 38 | 38 | 0 | $4.4 million |
| 2001 | 72 | 72 | 0 | $8.1 million |
| 2000 | 46 | 46 | 0 | $5 million |
How Stephenson ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Stephenson and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Stephenson | — | +10.5%† | $970 | 67 | $56,550 |
| Beaver | — | — | $970 | 6 | $65,455 |
| Middle Inlet | — | — | $970 | 15 | $56,500 |
| Lake | — | — | $970 | 11 | $77,857 |
| Lakewood | $299K | +7.8% | $1,130 | — | $67,000 |
| Athelstane | $210K | +7.2% | $1,010 | 3 | $64,375 |
| Silver Cliff | — | — | $1,000 | 6 | $55,938 |
† FHFA price index change, where Zillow has no home value for the town.
3.1 years of income
The typical Stephenson home costs about 3.1 years of the town's median household income, less than across Wisconsin (4.4 years).
How Stephenson ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Stephenson is $970 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 21% of the town's median household income.
Studio $740 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54104, 54114; Oconto County, WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.