Unshakable ZIP Data 49707 | Alpena, MI Housing Market
Alpena · Alpena County · Alpena, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49707, Alpena, Michigan is $194,942 at $125 per square foot. 50 single-family homes sold in the latest period, down 14.5 percent from a year earlier. Homes sit a median of 46 days on market with 4.4 months of supply. Sellers are getting 98.3 percent of list price and 32.7 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $190,940 | |
| Average price per sq ft | $122 | |
| Median sale price | $194,942 | |
| Median sale price per sq ft | $125 | |
| Median home size | 1,560 sq ft | |
| Median new listing price | $188,390 | -9.5% |
| National size rank | 5,731 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 50 | -14.5% |
| Median days on market | 46 days | |
| Months of supply | 4.4 months | |
| New listings | 87 | +3.9% |
| Active listings | 132 | -2.5% |
| Pending sales | 70 | -11.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 98.3% | -1.1 pts |
| Share sold above list | 32.7% | +0.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$156,860
3-bedroom
$198,176
4-bedroom
$231,253
These figures describe the single-family market for Alpena, Michigan ZIP 49707. They are market context, not a substitute for sold comps or a formal appraisal.