39Alpha

Alger County, MI Housing Market Brief

county · MI · as of May 2026

Buyer's

What is Alger County, MI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-16.363
Inventory Health25%
-6.335
Affordability20%
51
Economic Strength20%
19
Rental Yield15%
23

Where is Alger County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Alger County, MI is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Alger County, MI housing market data

MetricValueYoY
Median Sale Price$140K-55.2%
Median Days on Market55 days▲ +41%
Months of Supply10.9-12.8%
Homes for Sale76▲ +1.3%
Homes Sold7▲ +16.7%
Median Price / Sq Ft$121-51.3%
Sale-to-List Ratio97.7%▲ +0.4%

How has Alger County, MI’s Alpha Score moved?

Now: 39
3-period trend
Median sale price · 12 mo

Markets like Alger County, MI

Frequently asked questions

Is Alger County, MI a buyer's or seller's market?

As of May 2026, Alger County, MI is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Alger County, MI?

The median sale price in Alger County, MI is $140K, having fallen 55.2% over the past year.

How affordable is Alger County, MI?

Alger County, MI scores 51 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Alger County, MI's Alpha Score?

Alger County, MI's strongest dimension is Price Momentum (63/100) and its weakest is Economic Strength (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Alger County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.