Alger County, MI Home Values & Market Trends
The median home price in Alger County, MI is $200,551. There were 6 home sales in Alger County, MI over the past 12 months. The median residential Alger County, MI home value for transactions over the previous year is $190,000. The number of current listings in Alger County, MI is 102, and the percentage of properties for sale is 102.00%. The county has 1 foreclosures, 0 bank owned properties, 1 headed for auction, and 102 properties for sale.
Alger County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Munising | $ 194,851 $ 143/sqft | Trenary | $ 469,243 $ 391/sqft |
| Wetmore | $ 335,000 $ 327/sqft | Grand Marais | $ 315,410 $ 154/sqft |
| Shingleton | $ 257,000 $ 187/sqft | Eben Junction | $ 172,794 $ 175/sqft |
| Au Train | $ 299,900 $ 171/sqft | Chatham | $ 149,101 $ -- |
| Deerton | $ 192,184 $ 147/sqft |
Housing Market Summary for Alger County, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $301.9K | -7.09% |
| Median Sold Price | $0 | $192.9K | - |
| Homes For Sale | 81 | 99 | 22.22% |
| Homes Sold | 0 | 6 | - |
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 Alger County, MI
Browse Homes in Alger County, MI
Alger County, MI home values range from $39,900 to $789,000. Au Train is the priciest city with a median listing home price of $425,000, and Shingleton is most affordable with average house prices of around $96,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Alger County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Alger County, MI; of those cities, 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 Alger County, 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 Alger County, MI. There are 9 cities within Alger County, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsChatham has 1 auction properties, the highest number of properties going to auction in a single city in the state of Alger County, MI. Auction homes and other auction properties account for 0.96% of all properties in Alger County, MI. There are 9 cities within Alger County, MI; of those cities, the median estimated home value for homes going to auction ranges from $168,997 in Chatham to the lowest value of $168,997 in Chatham.
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More Real Estate Resources for Alger County, MI
Guide for Alger County, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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