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
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The Alpena, MI metropolitan area is currently exhibiting Stabilizing conditions. The pending ratio stands at 0.49, reflecting a balanced absorption rate for available inventory. The median listing price has increased by 17.7% over the past year, reaching $269,900.
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 increased significantly by 26.5% year-over-year, alongside a 36.4% rise in new listings, indicating a notable expansion of available inventory. Concurrently, the pending ratio has seen a modest decline of 6.3% over the past year, yet remains within a range indicative of stabilization. The median days on market has remained relatively stable, with a slight 1.5% year-over-year increase.
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
With a pending ratio of 0.49, the market demonstrates a more balanced environment, suggesting that the pace of transactions is moderate. The increase in active and new listings offers buyers more selection, which may temper the urgency for competitive offers, while sellers should continue to exercise price discipline given the expanding inventory.
Evidence from the average listing price, which is significantly higher than the median listing price, combined with a year-over-year decline in both average listing price (-2.6%) and median $/sqft (-2.9%), suggests some softening in the higher-priced tiers of the market. No distinct luxury-segment signal in this dataset.
77 active listings represent the current floor, with new supply arriving at roughly 60 per month.
of active listings carry a price reduction, +11.0% from prior period.
Median price per square foot has moved -2.9% year-over-year.
Pending-to-active ratio — Stabilizing.
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Metro Demographics
ZIPs in Alpena, MI
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