Alpena, MI Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Alpena. The median value for residential home transactions that occurred over the previous year is $166,904.44. The number of current listings in Alpena is 21, and the percentage of properties for sale in the city is 21.00%. Alpena, MI currently has 7 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 21 properties for sale.
Alpena, MI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
49707 | $ 197,000 $ 101/sqft |
Housing Market Summary for Alpena, MI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $174.9K | $0 | -100.00% |
Median Sold Price | $0 | $0 | - |
Homes For Sale | 14 | 22 | 57.14% |
Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Alpena, MI
Browse Homes in Alpena, MI
Alpena home values range from $25,348 to $3,188,000. The median estimated value of a home in Alpena is $166,904.44. The median list price of a home is 189,900, and the total count of properties in the city is 11,222.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Alpena, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alpena, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Alpena, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Alpena, MI. There is 1 zips within Alpena, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49707 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Alpena, MI. Auction homes and other auction properties account for 0.06% of all properties in Alpena, MI. There is 1 zips within Alpena, MI; of that zips, the median estimated home value for homes going to auction ranges from $153,793 in 49707 to the lowest value of $90,657 in 49707.
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Guide for Alpena, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
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