How much does it cost to buy a house in Alpena, MI?

In June 2026 Alpena homes were listed to buy for a median price of $195K, which is a 6% decrease to May 2025 last month, and a 5% decrease to June 2025 last year. The median value of a home listed to buy in Alpena in June 2026 was $131 per sqft, which is a 4% decrease to May 2025 last month, and a 4% decrease to June 2025 last year.

Is it affordable or expensive to live in Alpena, MI?

It is affordable to live in Alpena. Buying a home in Alpena is 0% less expensive compared with the national average.

Is it a good time to buy property in Alpena, MI?

Yes now is a good time to buy property in Alpena, in June 2026, homes in Alpena have decreased in value (price per sqft) by 4% in the last year compared with June 2025.

Is the Alpena, MI housing market slowing down?

In June 2026, homes to buy in Alpena spent an median 27 days on the market, a same June 2025 last year.

How much money should I make to buy a house in Alpena, MI?

In June 2026, Alpena homes were listed to buy for a median price of $195K, with 25% down you would need $1.25K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $42.9K.

Is it a good time to sell my house in Alpena, MI?

Yes now is a good time to sell your house in Alpena, in June 2026, homes in Alpena have decreased in value (price per sqft) by 4% in the last year compared with June 2025.