35Alpha

Alpena County, MI Housing Market Brief

county · MI · score computed October 2026

Buyer's

What is Alpena 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%
●12
Inventory Health25%
●43

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●54
Economic Strength20%
●27
Rental Yield15%
●41

Where is Alpena County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Alpena County, MI is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Alpena County, MI?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Alpena County, MI housing market data

MetricValueYoYSource
Median Sale Price$177K▼ -8.1%Redfin
Median Days on Market51 days▲ +6.3%Redfin
Months of Supply3.9▲ +56%Redfin
Homes for Sale128▲ +36.2%Redfin
Homes Sold33▼ -13.2%Redfin
Median Price / Sq Ft$106▼ -20.4%Redfin

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

Now: 35
2-period trend
Median sale price · 12 mo

Markets like Alpena County, MI

Frequently asked questions

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

In the scores computed October 2026, Alpena County, MI is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

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

The median sale price in Alpena County, MI is $177K, having fallen 8.1% over the past year, according to Redfin.

How affordable is Alpena County, MI?

Alpena County, MI scores 54 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Alpena County, MI's strongest dimension is Affordability (54/100) and its weakest is Price Momentum (12/100). The Alpha Score is a weighted blend of all five dimensions.

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