Are home prices going up or down in Alpena, MI?
In Alpena, MI, the typical home sold for $207,500 during May 2026. That is 18% higher than the same stretch a year ago, so prices are up.
Over the last 36 months the typical sale price in Alpena, MI went from $168,500 to $207,500 — up 23%.
The high point was $223,750, reached in July 2025. Today's typical sale is 7% below that.
Measured by size, homes in Alpena, MI are selling for about $129 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Alpena, MI area, through May 2026.
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More about the Alpena, MI market
- When is the best month to sell a house in Alpena, MI?
- How long does it take to sell a house in Alpena, MI?
- Do homes sell above asking price in Alpena, MI?
- Is Alpena, MI a buyer's market or a seller's market?
- How many homes are for sale in Alpena, MI?
- All Alpena, MI housing numbers
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Figures come from Redfin's published market data for the Alpena, MI area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.