Residential · high school district

Stephenson High School district market report

Closed sales series. Latest median $252,500 (-15.8% YoY). Buyer-leaning on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 61 active · 5 under contract · 15 pending. Total residential listings by status: 81.

Data confidence: High. 250 closings in the last 12 months. Enough closings to read a trend.

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Latest median$252,500-15.8% YoY
Months of supply10.2Buyer-leaning · 2.9 on 21/mo trailing-12
$/SF$121-14.8% YoY
DOM21-32.8% YoY
Sale/list99.1%50.0% below

Thin market: only 6 closings last month. Medians here move more than in larger cities. Confirm with the parent city or county before you price or offer.

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price-36.1%$252,500 vs $395,000 market-wide
$/SF-34.9%$121 vs $186 market-wide
DOM-40%21 days vs 34 market-wide
Sale/list+0.5 pts99.1% vs 98.7%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

74
Buyer window

3-month volume-weighted median $298,188 (-6.2% vs same 3 months last year) on 48 closings. Latest month is $252,500. Confidence: Low (48 closings in 3 months).

3-month $/SF is down 3.7% versus the same 3 months last year.

Months of supply95
10.2 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price63
-6.2% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
4.50 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)77
0.23 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced51
33% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend20
-34.2% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

10.2 months of supply on last month’s pace (61 active ÷ 6 closings). 2.9 months on the trailing-12 pace (average 21 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 50.0% of last month’s closings were below list. Days on market are down 33% from a year ago.

Homes for sale in the Stephenson High School district →

How homes actually closed

Based on 6 closings. One sale moves these percentages by 17 points. Read the direction, not the exact share.

Above list16.7%More than 1% over list
At list33.3%Within 1% of list
Below list50.0%More than 1% under list
Price reduced33.3%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.2315 pending ÷ 66 (active + under contract)
New / closed4.5027 listed in 30 days vs 6 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Stephenson

High confidence. 250 closings in the last 12 months.

  • Buyers search this school district. It is the competitive set for your home, more than the city median.
  • Recent closings center around $324,528. About $142 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 10.2 months of supply on last month’s pace. Expect about 29 days if you price correctly. Longer than that usually means the price is high.
  • 50.0% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale in the Stephenson High School district →

What this means if you are listing in Stephenson

  • Price to the closed median and $/SF here ($252,500, $121), not the market-wide number. This market is below the broader market by 36.1% on median.
  • With 10.2 months of supply, expect about 21 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 50.0% of recent closings were below list and 33.3% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in the Stephenson High School district →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 33.3% of recent closings had a price reduction.
  • This micro-market diverges from the broader market by 36%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k4555.6%
$300–500k2935.8%
$500–750k78.6%

Property types

TypeListedMedian ask
Single Family Residence78$299,450
Townhouse3$199,000

61 active, 5 under contract, 15 pending. 27 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 20266$252,500$1212199.1%50.0%33.3%
Sep 202615$315,000$13115100.0%40.0%40.0%
Aug 202627$299,000$14117100.0%37.0%33.3%
Jul 202614$358,500$13726100.0%21.4%28.6%
Jun 202624$309,950$1422499.8%47.8%37.5%
May 202623$315,000$14329100.0%27.3%21.7%
Apr 202619$318,000$12718100.0%21.1%52.6%
Mar 202631$349,990$15051100.0%33.3%48.4%
Feb 202616$356,220$14040100.0%37.5%37.5%
Jan 202614$312,500$1455298.4%64.3%42.9%
Dec 202528$342,500$14628100.0%29.6%42.9%
Nov 202533$320,000$14625100.0%33.3%27.3%
Oct 202537$299,900$14231100.0%32.4%37.8%
Sep 202525$298,500$1425199.3%45.8%44.0%
Aug 202527$360,000$13936100.0%40.7%40.7%
Jul 202522$293,450$1505399.9%40.9%50.0%
Jun 202525$379,000$13921100.0%36.0%8.0%
May 202532$318,700$14233100.0%28.1%59.4%
Apr 202526$329,950$13829100.0%46.2%42.3%
Mar 202525$335,000$14334100.0%44.0%52.0%
Feb 202526$376,500$14129100.0%38.5%23.1%
Jan 202520$264,900$13121100.0%20.0%40.0%
Dec 202446$339,995$1474998.5%54.3%41.3%
Nov 202429$329,000$14133100.0%21.4%51.7%

Below = closed under 99% of list. Reduced = original list higher than final list.