“Fantastic experience! Perfect outcome! Enjoyed working with Marie greatly.”
Century 21 Signature Realty
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Alpena real estate Market Report.
Information and statistics on the latest trends in the Alpena real estate market. *
Latest Rolling 3-Month Snapshot
Apr 1, 2026 - Jun 30, 2026
Median sale price
$182K
+43%
from
Q1 '26
Median list price
$178K
-15%
from
Q1 '26
Active listings
85
+113%
from
Q1 '26
Homes sold
38
+138%
from
Q1 '26
New pendings
48
+140%
from
Q1 '26
New listings
62
+377%
from
Q1 '26
Quarterly Pricing Trends for Alpena
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Alpena
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Alpena
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Alpena
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Alpena
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Alpena
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).
Inventory in Alpena has expanded in the latest rolling three-month view, with active listings up about 10% year over year to 85. New listings have also increased roughly 24% from a year ago, suggesting more homeowners are deciding to sell. Despite this added supply, pending sales are slightly higher than last year, pointing to steady buyer demand.
Pricing has been relatively stable with a slight upward tilt. The typical home value is up about 2% year over year, while the median list price has climbed more than 6% over the same period, indicating sellers are testing higher price points even as conditions shift.
Market pace has changed noticeably, with median days on market at 37 and well below levels seen earlier in the year, signaling homes are moving more quickly again. Months of supply has nearly doubled compared with last year to 3.7, reflecting more balanced conditions, yet the area still registers as a seller’s market. Only about 27% of homes sold above list price over the past three months, down from much higher shares in prior years, and the average sale-to-list ratio sits just under 98%, showing buyers have a bit more negotiating room. Whether you are buying or selling in Alpena, Agent Pronto can connect you with an agent who understands these shifting trends and can guide you through your next move.
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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“We will not work with anyone one else if we ever move back to the midwest. Thank you for all your help, communication and urgency. You treated us like family and not just a pay check like others do.”
Cressy & Everett Real Estate
“Dennis and Michelle were very receptive and available for after hours conference calls and texts.”
Cressy & Everett Real Estate
“We watched Kathy sell two homes on our same street, as we had planned to sell our home the following spring. We were impressed by the marketing, attention to detail of the homes during the selling process and overall execution of the sale. Fast forward to the original meeting with Kathy in May of 2026 and that sealed the deal. She is effecient in all aspects of the details, there was essentially no worries. she and her outstanding team walk you through the process in a very easy to navigate process.”
eXp Realty
“Thank you for the quick sale. It's was a seamless transaction!!”
Dwelling Place Inc
“This is the second time I have worked with Angie. She is professional, knowledgable, and was always responsive to questions and inquiries. I would highly recommend Angie to anyone, selling or buying.”
Century 21 Signature
“Kelly, Thank you so much for all of your help! You made purchasing my first home very easy. I really appreciate how well you explained each step and process I always knew what to expect. Your knowledge on what I needed to look for in homes to fit my FHA loan was so helpful!! Thank so much I really enjoyed working with you”
Century 21 Affiliated
“Angela went above and beyond helping me secure the home that I was excited to buy for me and my family. She worked hard and very diligently to keep communication lines open and work with the owners. I highly recommend Angela to anybody looking to purchase a home. She will work hard for you! I am so grateful that I met her and was able to use her as my realtor.”
Century 21 Affiliated
“Process was smooth and easy, everything went well would definitely would recommend.”
EXP Realty
“Barketa is an excellent realtor! She is knowledgeable regarding the marketing and pricing of homes in our area, is trustworthy and willing to work with us while listening to our needs, and is a lot of fun to be around. Barketa navigated us through negotiations well and always explained each choice including pros and possible cons. We would definitely recommend Barketa to family and friends and really enjoyed going through this process with her! Thank you Barketa!!🩷 You ROCK!!”
Century 21 Circle
“He's the best agent that I ever dealt with”
Jason Mitchell Group
“Natasha's patience, commitment, communication, and drive, to make sure I found a home I would love and feel safe is the biggest attributes. I worked with Natasha to find a house for over a year. during this time, I never once felt like a burden or felt like she was giving up on me at all, she yet made me feel like I still was one of her most important clients and that I was still being prioritized. I am extremely grateful for all of Natasha's hard work and I would recommend her to everyone who is looking to buy a house.”
Bellabay Realty Tri-Counties
“Wonderful human, great to work with!!!”
Keller Williams KW Showcase Realty
“Loved working with Don. He was considerate, knowledgeable of the area and helped me find the perfect home!”
Cornerstone Real Estate
“Tiffanie was very professional, and exceeded my expectations with the quality of work she provided. I would highly recommend.”
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
“My experience working with Jeff on the purchase on my new home was nothing less than stellar. Throughout the entire process, Jeff was professional, knowledgeable, and trustworthy. He was not only quick to respond when I had questions, he was proactive, constantly keeping me updated and informed. The guidance and assistance he provided was both valuable and appreciated, and made for a truly seamless experience from starting my home search through closing. I highly recommend Jeff and Epique Realty if you're in the market to purchase or sell a home.”
Epique 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
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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