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Today: September 23, 2025

Current Price

$171,335

1 Month Forecast

$188,826

1-Year Forecast *

$200,015

5-Year Forecast *

$240,973

"Is it a good time to buy homes in Alpena?" "Does investing in real estate in Alpena (Michigan State, Alpena County) worth it?" According to our live Forecast System, buying a house in Alpena is a good short-term (1-year) investment*. The Alpena average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Alpena" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Alpena in Michigan State, Alpena County. If you are looking for homes for sale with good flipping profit, Alpena can be a profitable property investment option. The median price of an average house in Alpena was 171,335 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Alpena" area is 240,973 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +40.64% meaning that investing 100000 USD today may yield a profit of 40,644 USD by 2030.

Current Median Listing Price: 171,335 USD Median Listing Price Per Square Foot: 95 USD

Alpena Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Alpena (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Alpena Price Target

Alpena median home price target in 12 months: $200,015* (upside of 16.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $191,091 $187,059 $187,059 $191,091
2024 $163,233 $171,335 $163,233 $171,335
2023 $156,611 $162,661 $156,611 $162,661
2022 $141,302 $155,398 $141,302 $155,398
2021 $123,188 $139,313 $123,188 $139,313
2020 $112,885 $123,019 $112,885 $123,704
2019 $112,739 $112,125 $110,911 $113,595
2018 $109,194 $113,257 $109,194 $119,979
2017 $106,817 $108,683 $104,363 $108,683
2016 $106,231 $106,854 $102,742 $106,854
2015 $99,935 $106,771 $99,313 $106,771
2014 $109,762 $100,934 $100,934 $109,983
2013 $101,298 $109,093 $101,298 $109,093
2012 $86,527 $100,463 $86,527 $100,463

Questions & Answers about the Alpena Housing Market Forecast

How much does an average home cost in Alpena today?

The value of an average home (the listing price) in Alpena is $171,335 USD.

What is the average price per square foot in Alpena?

According to Walletinvestor the median price per square foot in Alpena is 95 USD.

Will the median listing price of homes in Alpena grow / rise / go up?

Yes. The Alpena home prices may rise from 171,335 USD to 200,015 USD in one year.

Is it profitable to invest in Alpena homes?

Yes. The long-term profit potential is +16.74% in one year.

Will Alpena house prices fall / drop?

No. See above.

What is the predicted price of a Alpena home in 2030?

The predicted home sales price of a Alpena home in 2030 in Alpena is 240,973 USD.

What is the predicted price of a Alpena home in 2035?

The predicted home sales price of a Alpena home in 2035 in Alpena is 305,900 USD.

Will real estate prices decrease in Alpena?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Alpena is the 3162. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Alpena, Alpena increased, looking at the past 12 months.

According to Walletinvestor's Alpena real estate market research, home values will increase in the next 12 months.

Median home values increased by 2.086% to 171,335 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 15.729% in 2020
  • 16.749% in 2021
  • 15.059% in 2022
  • 15.229% in 2023
  • 15.739% in 2024
  • 16.459% in 2025

Based on our Alpena real estate market research and report the predicted sales prices will increase by 370.063% in the next 10 years.

Over the last 12 months, the value of homes in Alpena fluctuated: increasing 4 times and decreasing 6 times.

Alpena (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Alpena Housing Market Forecast with Real Estate Prices for 2025
August 2025 188826 177874 199778
September 2025 189035 170699 207372
October 2025 187988 175581 200395
November 2025 188247 174128 202365
December 2025 190024 179003 201046
Alpena Housing Market Forecast with Real Estate Prices for 2026
January 2026 191819 174555 209082
February 2026 193630 176591 210669
March 2026 195458 176694 214222
April 2026 197304 182309 212299
May 2026 199167 185425 212910
June 2026 200490 185253 215728
July 2026 200015 180014 220017
August 2026 199923 186728 213118
September 2026 200939 185467 216411
October 2026 202352 185355 219350
November 2026 204263 184858 223668
December 2026 206192 187222 225162
Alpena Housing Market Forecast with Real Estate Prices for 2027
January 2027 208139 196067 220211
February 2027 210105 194347 225862
March 2027 212050 198055 226046
April 2027 213872 196120 231623
May 2027 213637 199110 228164
June 2027 213658 201694 225623
July 2027 214279 202922 225636
August 2027 216302 197051 235553
September 2027 217870 196737 239004
October 2027 218868 203110 234627
November 2027 220577 208887 232268
December 2027 222049 208504 235594
Alpena Housing Market Forecast with Real Estate Prices for 2028
January 2028 223558 211933 235183
February 2028 224100 204827 243372
March 2028 225007 204982 245033
April 2028 225291 207718 242864
May 2028 225098 204389 245807
June 2028 225956 209236 242677
July 2028 227124 214633 239616
August 2028 227747 213854 241639
September 2028 228712 206298 251125
October 2028 229098 210541 247655
November 2028 229903 208982 250824
December 2028 230106 215839 244372
Alpena Housing Market Forecast with Real Estate Prices for 2029
January 2029 231583 217456 245709
February 2029 233397 211691 255103
March 2029 234039 211571 256506
April 2029 234282 213197 255367
May 2029 234378 216565 252191
June 2029 235283 219754 250812
July 2029 236384 220546 252221
August 2029 237915 221023 254807
September 2029 240061 226137 253984
October 2029 241315 220321 262310
November 2029 243594 221183 266005
December 2029 243431 222496 264366
Alpena Housing Market Forecast with Real Estate Prices for 2030
January 2030 243267 230618 255917
February 2030 242236 220192 264279
March 2030 240897 222830 258964
April 2030 239798 223971 255624
May 2030 238454 216040 260869
June 2030 240706 223135 258278
July 2030 240973 225069 256877
August 2030 239638 217112 262164
September 2030 239968 219811 260125
October 2030 242234 223824 260644
November 2030 244521 229116 259926
December 2030 246830 233995 259665
Alpena Housing Market Forecast with Real Estate Prices for 2031
January 2031 249161 229477 268845
February 2031 251514 233153 269874
March 2031 253889 231293 276485
April 2031 255576 241519 269632
May 2031 254970 241456 268483
June 2031 254852 231406 278299
July 2031 256147 239498 272797
August 2031 257949 238345 277553
September 2031 260385 238773 281997
October 2031 262844 247599 278089
November 2031 265326 246488 284164
December 2031 267831 242923 292740
Alpena Housing Market Forecast with Real Estate Prices for 2032
January 2032 270312 250579 290045
February 2032 272634 247824 297443
March 2032 272334 252726 291942
April 2032 272362 257109 287614
May 2032 273153 251027 295278
June 2032 275732 248986 302478
July 2032 277731 251902 303559
August 2032 279003 260310 297696
September 2032 281182 267123 295241
October 2032 283057 268904 297210
November 2032 284981 263038 306925
December 2032 285672 268531 302812
Alpena Housing Market Forecast with Real Estate Prices for 2033
January 2033 286829 260440 313217
February 2033 287190 262779 311601
March 2033 286944 268866 305021
April 2033 288038 266148 309929
May 2033 289527 266655 312400
June 2033 290321 275224 305417
July 2033 291551 268518 314583

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.