Current Price

$171,335

1 Month Forecast

â–² $188,903

1-Year Forecast *

â–² $203,558

5-Year Forecast *

â–² $244,997

"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 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Alpena" area is 244,997 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +42.99% meaning that investing 100000 USD today may yield a profit of 42,992 USD by 2031.

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: 2026-2032

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: $203,558* (upside of 18.8%)

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 $87,211 $100,463 $87,211 $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 203,558 USD in one year.

Is it profitable to invest in Alpena homes?

Yes. The long-term profit potential is +18.81% 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 238,206 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 303,116 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 decreased, 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 decreased by 10.218% to 171,335 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 18.097% in 2021
  • 17.917% in 2022
  • 18.577% in 2023
  • 19.247% in 2024
  • 20.707% in 2025
  • 17.237% in 2026

Based on our Alpena real estate market research and report the predicted sales prices will increase by 460.296% in the next 10 years.

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

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

Below you will find the price predictions for 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 188903 170957 206849
September 2025 190765 179129 202402
October 2025 192646 178582 206709
November 2025 194544 181899 207190
December 2025 195837 182128 209545
Alpena Housing Market Forecast with Real Estate Prices for 2026
January 2026 195373 177203 213542
February 2026 195283 185519 205047
March 2026 196275 177236 215314
April 2026 197656 182239 213073
May 2026 199604 185233 213975
June 2026 201571 186857 216286
July 2026 203558 192159 214958
August 2026 205565 185831 225299
September 2026 207469 191494 223444
October 2026 209251 195859 222643
November 2026 209021 188119 229923
December 2026 209042 190437 227647
Alpena Housing Market Forecast with Real Estate Prices for 2027
January 2027 209649 192458 226840
February 2027 211716 195837 227594
March 2027 213250 198109 228391
April 2027 214227 193018 235435
May 2027 215900 198196 233604
June 2027 217340 200170 234510
July 2027 218818 207877 229758
August 2027 219347 207941 230754
September 2027 220236 200415 240057
October 2027 220513 203754 237272
November 2027 220324 203580 237069
December 2027 221165 203914 238416
Alpena Housing Market Forecast with Real Estate Prices for 2028
January 2028 222308 206524 238092
February 2028 222917 206198 239636
March 2028 223862 211549 236174
April 2028 224240 212579 235900
May 2028 225028 207025 243030
June 2028 225226 208109 242343
July 2028 226672 209898 243446
August 2028 228448 214741 242155
September 2028 229076 206168 251983
October 2028 229314 207300 251328
November 2028 229408 215644 243173
December 2028 230293 211870 248717
Alpena Housing Market Forecast with Real Estate Prices for 2029
January 2029 231371 209853 252888
February 2029 232870 219597 246144
March 2029 234970 214998 254942
April 2029 236198 215413 256983
May 2029 238526 224215 252838
June 2029 238366 219774 256959
July 2029 238206 215339 261074
August 2029 237196 222490 251902
September 2029 235885 223147 248623
October 2029 234809 216729 252889
November 2029 233493 211545 255442
December 2029 235795 217875 253715
Alpena Housing Market Forecast with Real Estate Prices for 2030
January 2030 238119 218117 258121
February 2030 240466 222912 258020
March 2030 242837 225838 259835
April 2030 244450 225383 263517
May 2030 243870 223629 264111
June 2030 243758 225232 262284
July 2030 244997 226622 263371
August 2030 246720 227969 265471
September 2030 249152 229469 268835
October 2030 251608 229466 273749
November 2030 254088 236810 271366
December 2030 256593 236065 277120
Alpena Housing Market Forecast with Real Estate Prices for 2031
January 2031 258969 239028 278910
February 2031 261193 243693 278693
March 2031 260906 235598 286214
April 2031 260933 240580 281286
May 2031 261691 244942 278439
June 2031 264270 244714 283826
July 2031 266186 245157 287214
August 2031 267405 251093 283717
September 2031 269493 256018 282968
October 2031 271291 257455 285127
November 2031 273135 248280 297990
December 2031 273796 246691 300902
Alpena Housing Market Forecast with Real Estate Prices for 2032
January 2032 274905 249339 300472
February 2032 275252 249929 300575
March 2032 275016 250264 299767
April 2032 276065 249287 302843
May 2032 277492 255293 299691
June 2032 278252 264340 292165
July 2032 279431 260150 298712

> 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.