“Dennis and team were great to work with and work with him again if the need presented its self.”
Cressy & Everett Real Estate
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Alpena real estate Market Report.
Information and statistics on the latest trends in the Alpena real estate market, updated for May 2026. *
Alpena’s housing market is seeing a relatively small pool of homes, with 21 properties on the market in March and 6 new listings added. Inventory has ticked up about 10.53 percent from the prior month, but it is still down 19.23 percent compared with a year ago. Contract activity is slower than last year, with only 5 pending sales and a 64.29 percent drop in pending volume year over year.
Homes are taking longer to sell than they did a year ago, spending a median of 94 days on the market, more than double the time with a 123.81 percent year-over-year increase. Even so, days on market have fallen nearly 24.8 percent from the prior month, suggesting some recent pickup in buyer interest. About 14 percent of listings saw a price cut, while roughly 40 percent of homes still sold above asking, and the average sale-to-list ratio sits near 0.97, pointing to modest negotiation room.
Pricing trends show mixed signals, with the typical home value near $135,000 in March, down 34.94 percent from a year ago but jumping 74.19 percent month over month. Median list price is higher at $209,450 and has dipped about 21.7 percent from the prior month, while projections for April show a typical value around $163,750 and inventory nudging up to 22 homes. With Alpena positioned as a mild seller’s market at a gauge of 42 and 4.2 months of supply, both buyers and sellers can benefit from using Agent Pronto to connect with a skilled local agent to navigate these conditions.
42
Seller’s Market
Seller’s Market
Buyer’s Market
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Learn more about what Alpena has to offer.
Alpena offers residents a welcoming community with easy access to scenic waters, abundant outdoor recreation, and a lively, small-town lifestyle.
Alpena immediately feels distinct from other northern Lake Huron communities, thanks to its deep-water harbor, authentic working waterfront, and historic downtown that still serves as the city’s heart. Where nearby resort towns can feel seasonal, Alpena balances year-round industry, outdoor recreation, and a tight-knit local culture that appeals both to lifelong residents and newcomers.
Downtown offers walkable blocks of local shops, galleries, and restaurants, with anchors like the Great Lakes Maritime Heritage Center and waterfront access along the river and bay. Families appreciate resources such as Alpena Public Schools and the Alpena County George N. Fletcher Public Library, as well as healthcare at MyMichigan Medical Center Alpena. Outdoor enthusiasts enjoy paddling and shipwreck tours in Thunder Bay National Marine Sanctuary, trails at Norway Ridge Pathway, and shoreline parks like Mich-E-Ke-Wis Park.
Compared with more remote parts of the region, Alpena offers a practical blend of employment, education, and recreation. Neighborhoods range from historic streets close to downtown to quieter areas near the Alpena County countryside and lakefront pockets along the bay.
Whether you are weighing a move from another Great Lakes community or planning your next step across town in Alpena, timing and preparation matter. A knowledgeable local agent can help you read the market, prepare your home or offer, and move confidently. Agent Pronto connects both buyers and sellers with the right Alpena real estate professional to make the most of this opportunity.
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“Marty has been great!”
Keller Williams KW Showcase Realty
“Relocating from Newport Beach, CA to Michigan to be closer to family could have been stressful, but Kathy made it seamless from the start. She immediately took charge and guided us every step of the way. Even in sub-10-degree weather, she toured homes with us via FaceTime, offering honest, detailed feedback. Her expertise—especially with new construction—helped us spot issues we would have missed and gave us real confidence in our decisions. Kathy’s responsiveness, attention to detail, and advocacy truly set her apart. She was an outstanding liaison with the builder and always had our best interests in mind. She goes above and beyond in every sense. We highly recommend Kathy and her team—she’s not just a great realtor, but a trusted ally and friend.”
eXp Realty
“Amy Schnople was almost a part of the family! She was willing to do anything for us, and made sure we knew she was 100% serious. Highly recommended.”
Century 21 Affiliated
“Every step of the way Donnie was easily accessible and knowledgeable.”
Cornerstone Real Estate
“Marie did a wonderful job on the sale of my property. She communicated well, was professional, and went above and beyond. Would definitely recommend her in the future.”
Century 21 Signature Realty
“Tania's understanding and Knowledge in the area were crucial, considering I'm not from the state; she was spot on and knowledgeable in every aspect. And my wife gained a new friend and broker, who I highly recommend.”
Cressy & Everett Real Estate
“Everything was positiive about dealing with Tom. The one negative is his recommendation of "George" for minor remedial work. George is quite unprofessional and unable to provide the services that are needed.”
Dwelling Place Inc
“Barketa was attentive, knowledgeable, and full of helpful information and suggestions throughout the process. As an out-of-state seller, I especially appreciated having someone local I could trust to guide me and look out for my best interests. Her communication and professionalism made the entire experience smooth and reassuring.”
Century 21 Circle
“Kelly was amazing! She responded insanely fast anytime I reached out. She was able to get us into viewings quickly. When we looked at houses she was honest, she made sure we saw the positives and negatives of the house in order for US to make an informed decision. That level of honesty and trust will have me recommending her to everyone. When we finally settled on a house she ensured we got all of the documents signed, set up the inspectors, and made sure we hit our milestones so we could close on time. Overall we had a fantastic experience, thank you so much!”
Century 21 Affiliated
“Angie Jones. Very helpful and very professional. Pointed out things that we missed during several showings.”
Century 21 Signature
“I can’t say enough great things about Tiffanie. She went above and beyond to help me sell my home—truly exceeding every expectation. Even while preparing for her own wedding and later dealing with the flu, Tiffanie remained attentive, professional, and fully committed to getting my house sold. Her dedication, communication, and work ethic never wavered, and I always felt like a priority. It’s rare to find someone so reliable and selfless, especially during such a busy and challenging season of life. I am incredibly grateful for her support and would highly recommend Tiffanie to anyone looking for a realtor who genuinely cares and delivers results.”
EXP Realty
“This is the second time Angela has helped us in finding a house to purchase. Both times we were very pleased with her knowledge and professionalism during the process.”
Century 21 Affiliated
“Hi,it was a great experience working with Jodi. She is very professional realtor. She makes sure that you understand every situation,and process that you face . When it came time to look for houses Jodi got right on it . We started out looking for houses on the East side of the city, and made sure what tipe of house and location where you want to live . It was not an easy task, but after looking at twelve houses it took a lot of energy . We stayed on the look until we got finished. After looking on the East side we started looking on the west side . We looked at nine more houses on the west side. Out of the nine houses on the west side it was one house that caught my eyes. I did fine three houses on the east side, but nether house did not have a driveway. The house that caught me eyes on the west side did have a driveway. When I walked in that house on Sorrento it was everything I was looking for. I told Jodi we did not have to look no further. I put in a bid,and went for it and was.”
EXP Realty
“Mark is very straightforward. He knows the ropes and gets right to business. Always very responsive and honest.”
Hearthstone Realty Group
“You led me to Sam Masteller and HE is an angel!”
Berkshire Hathaway Home Services
“Jeremy helped me with multiple purchases. He is passionate about real estate and knows the market inside and out. Since he has construction experience, I felt completely comfortable with him guiding me in what to ignore and what to pay close attention to when reviewing home inspections. He's honest, reliable and truly cares about his clients. I can't be more thankful for crossing paths with Jeremy, and I highly recommend him to anyone who might be selling or purchasing a home in the future.”
Cornerstone Real Estate
“Natasha was absolutely wonderful to work with! She answered all of our questions quickly and was incredibly knowledgeable throughout the entire process. She was easy to talk to, always available when we needed her, and truly made the experience of buying our first home far less intimidating. Because we were across the country for much of the process, Natasha went above and beyond by attending many open houses on our behalf, something we appreciated so much. She was flexible, supportive, and made what could have been a stressful process feel smooth and manageable. Thank you for everything, Natasha! We loved getting to know you and will definitely call you when it’s time to sell. ☺️”
Bellabay Realty Tri-Counties
“Allison is extremely professional and knowledgeable. She is quick to respond to messages and communication was excellent! I would highly recommend her.”
Rockgate Real Estate
“The tour was easy to use and we were super satisfied with Renee.”
Cedarwood Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Alpena. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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