Alpena, MI
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Alpena market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Alpena, MI.
The Alpena market is currently in a cooling phase, with a pending ratio of 0.47 indicating moderated demand absorption. Active listings have expanded significantly by 32.0% year-over-year, contributing to the shift in market dynamics.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Alpena market right now.
Active listings have shown substantial year-over-year growth at 32.0%, while new listings also increased by 10.0% over the same period. Median listing price appreciated by 7.9% year-over-year. The pending ratio declined by 16.2% year-over-year, suggesting a deceleration in the pace of transactions. Median days on market saw a modest 7.0% increase year-over-year, reflecting a slightly longer sales cycle.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The expansion in active inventory and the year-over-year decline in the pending ratio suggest a more balanced environment, reducing immediate pressure on demand absorption. Buyers may find increased selection and more time for consideration due to the slower pace of transactions. Sellers may need to demonstrate greater price discipline to align with current absorption rates.
The average listing price in Alpena declined by 5.1% year-over-year, while the median listing price increased by 7.9%. This divergence, alongside median $/sqft growth of only 1.5% and a higher average price relative to the median, indicates a softening at the higher price tiers of the market.
103 active listings represent the current floor, with new supply arriving at roughly 44 per month.
of active listings carry a price reduction, +4.4% from prior period.
Median price per square foot has moved +1.5% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Alpena, MI? Homes here are taking 3 days longer to sell than last year.
Alpena, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 47%
- Median Days on Market
- 46 days
- Inventory YoY
- +32%
Alpena, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
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