House Prices

House Prices & Home Values Alpena, MI 2026


Average Data

average house price$58,000
average size per house1090 ft²
average price per ft²54 $ / ft²

07/20/2026 - The value range (VR) for house prices in Alpena, MI is $53/ sqft to $53/ sqft. An average home with 1090 sqft costs approximately $57,770 to $57,770. Alpena, MI includes 1 ZIP codes and it is located in Alpena county. The lowest prices are found in ZIP 49707, while the highest are in ZIP 49707. The average price per sqare feet is $54. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Alpena

4970755 $ / ft²




Historical development of home values in Alpena

Year Estimated value (USD) Change vs. 2025
2010 $26,936 -53.6%
2011 $25,895 -55.4%
2012 $25,825 -55.5%
2013 $26,790 -53.8%
2014 $28,122 -51.5%
2015 $29,566 -49.0%
2016 $31,109 -46.4%
2017 $32,788 -43.5%
2018 $34,600 -40.3%
2019 $36,205 -37.6%
2020 $38,076 -34.4%
2021 $43,308 -25.3%
2022 $50,487 -13.0%
2023 $53,241 -8.2%
2024 $56,321 -2.9%
2025 $58,000 0.0%

Graph: estimated home values in Alpena over time (USD)



Example: 100% financing house in Alpena

Loan amount: $58,000

Interest rate: 6.00%

Fixed monthly payment: $347.74

Breakdown in the 1st month:
Interest portion: $290.00  –  Principal portion: $57.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $3,460.62 $712.25 $57,287.75
2 $3,416.70 $756.18 $56,531.58
3 $3,370.06 $802.82 $55,728.76
4 $3,320.54 $852.33 $54,876.43
5 $3,267.97 $904.90 $53,971.53
6 $3,212.16 $960.71 $53,010.81
7 $3,152.90 $1,019.97 $51,990.84
8 $3,089.99 $1,082.88 $50,907.97
9 $3,023.20 $1,149.67 $49,758.30
10 $2,952.29 $1,220.58 $48,537.72
11 $2,877.01 $1,295.86 $47,241.86
12 $2,797.09 $1,375.79 $45,866.08
13 $2,712.23 $1,460.64 $44,405.44
14 $2,622.14 $1,550.73 $42,854.71
15 $2,526.50 $1,646.38 $41,208.33
16 $2,424.95 $1,747.92 $39,460.41
17 $2,317.14 $1,855.73 $37,604.68
18 $2,202.69 $1,970.19 $35,634.50
19 $2,081.17 $2,091.70 $33,542.79
20 $1,952.16 $2,220.71 $31,322.08
21 $1,815.19 $2,357.68 $28,964.40
22 $1,669.77 $2,503.10 $26,461.30
23 $1,515.39 $2,657.48 $23,803.81
24 $1,351.48 $2,821.39 $20,982.42
25 $1,177.46 $2,995.41 $17,987.01
26 $992.71 $3,180.16 $14,806.85
27 $796.57 $3,376.31 $11,430.54
28 $588.32 $3,584.55 $7,846.00
29 $367.24 $3,805.64 $4,040.36
30 $132.51 $4,040.36 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Alpena, MI


1500 sqft3900 sqft
Ø selling price$98,011$208,495
Ø fast selling$89,100$187,645
Ø high price sale$106,921$229,344

In 2026, houses in Alpena, MI will be offered at an average price of $54 per square foot. A 1,500 sqft home priced at $98,011 is 23.46% more expensive per square foot than a 3,900 sqft home priced at $208,495. Home prices in Alpena, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $144,342. Sellers who can wait longer may achieve a higher price of up to $176,418.

FAQ – Home Values in Alpena

What is the median home value in Alpena in 2026?

In 2026, the typical home value in Alpena is about $58,000 for an average home size of 1090 square feet. This corresponds to an average price of roughly $54 per square foot.

What is the average cost per square foot in Alpena?

In 2026, homes in Alpena sell for an average of around $54 per square foot, with a typical range between $53 and $53 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Alpena is about 1090 square feet, with an estimated 2026 value around $58,000.



Locations close to Alpena, MI

Atlanta, MI92 $ / ft²
Barbeau, MI136 $ / ft²
Boyne City, MI288 $ / ft²
Alanson, MI122 $ / ft²
Afton, MI129 $ / ft²
Mackinaw City, MI131 $ / ft²
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