46Alpha

Alpena County, MI Housing Market Brief

county · MI · as of May 2026

Balanced

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%
+0.653
Inventory Health25%
-13.454
Affordability20%
58
Economic Strength20%
-2.619
Rental Yield15%
44

Where is Alpena County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Alpena 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.

Alpena County, MI housing market data

MetricValueYoY
Median Sale Price$199K▲ +12.8%
Median Days on Market35 days-22.2%
Months of Supply2.8▲ +7.7%
Homes for Sale76-7.3%
Homes Sold27-15.6%
Median Price / Sq Ft$129▲ +15.7%
Sale-to-List Ratio99.2%▲ +1.4%

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

Now: 46
3-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?

As of May 2026, Alpena County, MI is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, 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 $199K, having risen 12.8% over the past year.

How affordable is Alpena County, MI?

Alpena County, MI scores 58 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 (58/100) 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 Alpena County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.