47Alpha

Alpena County, MI Housing Market Brief

county · MI · as of July 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%
53
Inventory Health25%
47
Affordability20%
61
Economic Strength20%
30
Rental Yield15%
44

Where is Alpena County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Alpena County, MI is classified as Mature holding near a healthy peak. 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

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%

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

Now: 47
12-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 July 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 $199K, having risen 12.8% over the past year.

How affordable is Alpena County, MI?

Alpena County, MI scores 61 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 (61/100) and its weakest is Economic Strength (30/100). 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.