Local Market0 views · 2 answers
How competitive is the Alpena housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 49/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.47
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 46
- YoY days on market
- Price cuts
- 54.4%
- YoY of active listings
Alpena is moderately competitive as of August 2026, with a Sold Score of 49/100 (Fair Chance of Selling).
**Pending ratio** is 0.47 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +32.0% — more choices for buyers than a year ago.
**Median days on market** is 46. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 54.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 49/100 (Fair Chance of Selling) · Pending ratio: 0.47 · Inventory YoY: +32.0% · Median days on market: 46 · Sellers cutting price: 54.4% · Median listing price: $259,000 (+7.9% YoY)
Alpena snapshot
As of the latest 2026 data- Median listing
- $259K
- YoY +0.1%
- Active inventory
- 103
- YoY +0.3%
- Median DOM
- 46
- YoY +0.1%
- Pending ratio
- 0.47
- YoY -0.2%
- Price-reduced
- 29.0%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
Really, the Alpena housing market is moderately competitive right now. While prices are up, there are more homes available and they're taking a bit longer to sell. This means buyers have a little more breathing room.
The median listing price in Alpena is $259,000. This price has gone up 3.9% from the prior month and 7.9% over the past year. This shows that home values are still increasing in the area.
There are 103 active listings, which is 32.0% more than a year ago. This increase in available homes gives buyers more choices. New listings have also increased by 10.0% over the last year, adding more options to the market.
Homes in Alpena are staying on the market for a median of 46 days. This is 7.0% longer than they did a year ago, suggesting the market isn't as fast-paced as it once was.
About 29.0% of homes have had their prices reduced, which is a 4.4% increase from the prior year. This means sellers are sometimes adjusting their prices to attract buyers.
If you are looking to buy, you might find more homes to choose from and a little more time to make decisions. If you are selling, pricing your home well from the start is important. If you are relocating, Alpena offers increasing home values but also more available properties.