Alpena, MI Housing Market
The Alpena housing market is somewhat competitive. The median sale price of a home in Alpena was $186K last month, up 10.3% since last year. The median sale price per square foot in Alpena is $76, down 25.5% since last year.
Alpena Housing Market Trends
In June 2025, Alpena home prices were up 10.3% compared to last year, selling for a median price of $186K. On average, homes in Alpena sell after 42 days on the market compared to 45 days last year. There were 16 homes sold in June this year, up from 13 last year.

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How hot is the Alpena housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 48 days.
- Hot homescan sell for about 1% above list price and go pending in around 37 days.
Alpena Migration & Relocation Trends
View houses in Alpena that sold recently
Recently sold homes
- $442,500 Last Sold Price3 beds2 baths2,076 sq ft1300 Trowbridge Dr, Alpena, MI 49707List Price$419,000Sale to List6% over listDays on Market41 days1300 Trowbridge Dr, Alpena, MI 49707
- $800,000 Last Sold Price3 beds2.5 baths3,096 sq ft2615 Lakewood Dr, Alpena, MI 49707List Price$799,000Sale to List0% over listDays on Market30 days2615 Lakewood Dr, Alpena, MI 49707
- $220,000 Last Sold Price4 beds2.5 baths1,879 sq ft2457 Diamond Dr, Alpena, MI 49707List Price$219,900Sale to List0% over listDays on Market51 days2457 Diamond Dr, Alpena, MI 49707
- $256,000 Last Sold Price3 beds1 bath1,344 sq ft2056 Hobbs Dr, Alpena, MI 49707List Price$240,000Sale to List7% over listDays on Market57 days2056 Hobbs Dr, Alpena, MI 49707
- $230,000 Last Sold Price3 beds2 baths1,729 sq ft8166 Otter Trail Trl, Alpena, MI 49707(586) 262-2000List Price$255,000Sale to List10% under listDays on Market67 days8166 Otter Trail Trl, Alpena, MI 49707
- $60,100 Last Sold Price4 beds1 bath2,280 sq ft507 W Miller St, Alpena, MI 49707List Price$49,900Sale to List20% over listDays on Market8 days507 W Miller St, Alpena, MI 49707
- $2,950 Last Sold Price—beds—baths—sq ft128 Custer Rd, Alpena, MI 49707List Price$3,200Sale to List8% under listDays on Market484 days128 Custer Rd, Alpena, MI 49707
- $340,000 Last Sold Price3 beds2.5 baths2,294 sq ft166 Long Rapids Rd, Alpena, MI 49707List Price$329,000Sale to List3% over listDays on Market49 days166 Long Rapids Rd, Alpena, MI 49707
See all recently sold homes in Alpena.
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Schools in Alpena
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Lincoln Community School Public • K-5 | 137 Students | 2 reviews |
5/10 Besser Elementary School Public • K-5 | 456 Students | 5 reviews |
4/10 Ella M. White School Public • K-5 | 472 Students | 3 reviews |
NR Pied Piper Opportunity Center Public • PreK-12 | 38 Students | N/A |
Climate's impact on Alpena housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Alpena.
Flood Factor - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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