Alpena County, MI Housing Market Brief
county · MI · as of August 2026
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.
Where is Alpena County, MI in its market cycle?
Alpena County, MI is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Alpena County, MI?
Our model forecasts Alpena County, MI’s home prices to hold flat over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Alpena County, MI housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $169K | ▼ -24.3% |
| Median Days on Market | 38 days | ▼ -15.6% |
| Months of Supply | 4.8 | ▲ +33.3% |
| Homes for Sale | 121 | ▲ +9% |
| Homes Sold | 26 | ▼ -18.7% |
| Median Price / Sq Ft | $122 | ▼ -2.4% |
How has Alpena County, MI’s Alpha Score moved?
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Frequently asked questions
Is Alpena County, MI a buyer's or seller's market?
As of August 2026, Alpena County, MI is classified as a Balanced Market, based on its Alpha Score of 47 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 $169K, having fallen 24.3% over the past year.
How affordable is Alpena County, MI?
Alpena County, MI scores 80 out of 100 on affordability — relatively 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 (80/100) and its weakest is Price Momentum (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.