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Are buyers active in Alpena?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
45/100
YoY Fair Chance of Selling
Pending ratio
0.43
YoY contracts vs active
Inventory YoY
+0.5%
YoY active listings
Median DOM
58
YoY days on market
Price cuts
50.0%
YoY of active listings
Buyer demand in Alpena is **actively shopping** as of September 2026. The pending ratio is 0.43 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 58 days to go under contract. Active inventory is +50.0% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 50.0% of listings have cut price. Overall, the Primpted Sold Score for Alpena is 45/100 (Fair Chance of Selling). — Live indicators (September 2026): Sold Score: 45/100 (Fair Chance of Selling) · Pending ratio: 0.43 · Inventory YoY: +50.0% · Median days on market: 58 · Sellers cutting price: 50.0% · Median listing price: $249,950 (-0.5% YoY)

Alpena snapshot

As of the latest 2026 data
Median listing
$250K
YoY -0.0%
Active inventory
108
YoY +0.5%
Median DOM
58
YoY +0.4%
Pending ratio
0.42
YoY -0.3%
Price-reduced
27.8%
YoY +0.1%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

In Alpena, buyers are taking their time, and they have more homes to choose from than in the past. There's less competition right now, which is good for buyers. Right now, there are 108 homes for sale, which is a big jump – 50% more than the same time last year. This means buyers have significantly more options to look at. Prices have dipped slightly. The typical home is listed at $249,950, which is 3.5% less than the month before. The price per square foot has gone up by 8% over the past year, reaching $137. Homes are staying on the market longer, too, with a median of 58 days. This is 38.6% more than a year ago, giving buyers more time to make decisions. Also, almost 28% of homes have had their prices lowered, suggesting sellers are adjusting expectations. Fewer homes are going under contract. The number of pending listings is down significantly compared to a year ago, showing less urgency among buyers. If you're a buyer in Alpena, you have more choices, more time, and potentially more room to negotiate on price.

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