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What does a Sold Score of 45 mean 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
A Sold Score of **45/100** in Alpena (September 2026) puts the market in the **"Fair Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.43, inventory up +50.0% YoY, 58 median days on market, 50.0% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — 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

The data provided doesn't include a "Sold Score," so I can't tell you what that specific metric means for Alpena right now. However, I can share what the available numbers tell us about the housing market. Right now, the median listing price in Alpena is $249,950. This is a bit lower than last month, down 3.5%, and slightly less than a year ago, down 0.5%. There are more homes for sale compared to last year. Active listings are up a significant 50.0% with 108 homes on the market. This gives buyers more choices. Homes are taking longer to find a buyer. The median days on market is 58 days, which is almost 40% longer than it was a year ago. Also, more homes are seeing price reductions, with 27.8% of listings lowering their prices. If you're looking to buy in Alpena, there are more homes to choose from and they are staying on the market longer. If you're selling, be prepared for a bit longer wait and consider pricing carefully.

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