Metropolitan market · Michigan · June 2026 data

Alpena Real Estate Market

The Alpena, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Alpena report in a click.

Median listing price
$269,900
▲ 17.7% YoY
Median $ / sq ft
$145
1,988 sq ft median
Median days on market
34
June 2026
Active listings
77
For sale now
New listings
60
June 2026
Listings with price cuts
27%
Share of active
Median sale price (closed)
$207,500
▲ 17.6% YoY · closed sales
Sale-to-list ratio
99.1%
Closed sales
Homes sold / month
28
Closed sales
Median listing price trend
$270K$253K$237K$220K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Alpena MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$270K$230K$190K$150K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Alpena MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
77
New this month
60
Pending
38
Price-reduced
20

As of June 2026, the median home listed in Alpena, MI asks $269,900 — up 17.7% from a year ago. Homes are taking a median of 34 days to go under contract, and 27% of the 77 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Alpena, MI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
56/100
#330 of 932 covered metros
12-month outlook
+2.7%
▲ Rising · model output, not advice
Momentum
54
Value
48
Rental yield
18
Supply risk
10
Market heat
76

Alpena scores 56/100 on our composite Investor Score (#330 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 48% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 17.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Alpena ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,217/mo
−$138/mo vs today
At today's rate · 6.43%
$1,355/mo
National weekly average
If rates rise 1% · 7.43%
$1,499/mo
+$145/mo vs today

Principal & interest on the $269,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
34
▼ 26.1% vs 2024
1.2 per 1,000 residents
Net migration (2022–2023)
+151
▲ people, via tax-return records
net income flow +$3.08M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Alpena market FAQs

What is the median home price in Alpena?
As of June 2026, the median listing price in Alpena, MI is $269,900, up 17.7% year over year (source: public records and industry data). Figures cover the Alpena, MI metro area.
How fast are homes selling in Alpena?
The median property in Alpena spends 34 days on the market, with 77 homes actively listed and 27% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Alpena?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Alpena and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Alpena, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.