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Today: September 27, 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 2025-09-27. 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 2030-09-27. 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 2024-09-27 and 2025-09-27

The average annual profit of property investment was:

  • 17.549% in 2020
  • 14.899% in 2021
  • 14.749% in 2022
  • 17.559% in 2023
  • 16.099% in 2024
  • 16.639% 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 177685 199966
September 2025 189035 179395 198676
October 2025 187988 173513 202463
November 2025 188247 170740 205754
December 2025 190024 175392 204656
Alpena Housing Market Forecast with Real Estate Prices for 2026
January 2026 191819 180118 203520
February 2026 193630 183755 203505
March 2026 195458 180604 210313
April 2026 197304 179152 215456
May 2026 199167 181043 217291
June 2026 200490 181444 219537
July 2026 200015 188414 211616
August 2026 199923 187328 212518
September 2026 200939 184663 217215
October 2026 202352 183331 221374
November 2026 204263 186492 222034
December 2026 206192 190315 222069
Alpena Housing Market Forecast with Real Estate Prices for 2027
January 2027 208139 191488 224790
February 2027 210105 193927 226283
March 2027 212050 191482 232619
April 2027 213872 193768 233976
May 2027 213637 202314 224960
June 2027 213658 201694 225623
July 2027 214279 196280 232278
August 2027 216302 197700 234904
September 2027 217870 202401 233339
October 2027 218868 206174 231563
November 2027 220577 201387 239768
December 2027 222049 204285 239813
Alpena Housing Market Forecast with Real Estate Prices for 2028
January 2028 223558 202767 244349
February 2028 224100 212447 235753
March 2028 225007 205657 244358
April 2028 225291 206366 244215
May 2028 225098 204839 245356
June 2028 225956 204717 247196
July 2028 227124 212816 241433
August 2028 227747 215904 239589
September 2028 228712 210186 247237
October 2028 229098 211228 246968
November 2028 229903 214270 245536
December 2028 230106 218140 242071
Alpena Housing Market Forecast with Real Estate Prices for 2029
January 2029 231583 214677 248488
February 2029 233397 218226 248568
March 2029 234039 210635 257442
April 2029 234282 213197 255367
May 2029 234378 219378 249378
June 2029 235283 214343 256223
July 2029 236384 217236 255531
August 2029 237915 221023 254807
September 2029 240061 218695 261426
October 2029 241315 227802 254829
November 2029 243594 223619 263569
December 2029 243431 223956 262905
Alpena Housing Market Forecast with Real Estate Prices for 2030
January 2030 243267 220644 265891
February 2030 242236 228671 255801
March 2030 240897 224275 257519
April 2030 239798 221333 258262
May 2030 238454 223432 253477
June 2030 240706 220246 261166
July 2030 240973 221454 260492
August 2030 239638 220228 259049
September 2030 239968 217891 262045
October 2030 242234 226973 257495
November 2030 244521 223982 265061
December 2030 246830 231033 262627
Alpena Housing Market Forecast with Real Estate Prices for 2031
January 2031 249161 232218 266104
February 2031 251514 231896 271132
March 2031 253889 232308 275469
April 2031 255576 235896 275255
May 2031 254970 235847 274092
June 2031 254852 237268 272437
July 2031 256147 238729 273565
August 2031 257949 242214 273684
September 2031 260385 236430 284340
October 2031 262844 240765 284923
November 2031 265326 247549 283103
December 2031 267831 241852 293811
Alpena Housing Market Forecast with Real Estate Prices for 2032
January 2032 270312 250309 290315
February 2032 272634 253004 292263
March 2032 272334 247824 296844
April 2032 272362 253841 290882
May 2032 273153 258676 287630
June 2032 275732 251192 300272
July 2032 277731 249957 305504
August 2032 279003 252777 305229
September 2032 281182 262905 299458
October 2032 283057 264658 301456
November 2032 284981 266743 303220
December 2032 285672 259676 311668
Alpena Housing Market Forecast with Real Estate Prices for 2033
January 2033 286829 271053 302604
February 2033 287190 259046 315335
March 2033 286944 271736 302152
April 2033 288038 265860 310217
May 2033 289527 274472 304583
June 2033 290321 263901 316740
July 2033 291551 267644 315458

> 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.