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market report · 49707
Alpena, MI · 49707
47 active listings$179,900 median ask$2,022 est. rent1.1% price/rent
$179,900
Median list price
$2,022/mo
Estimated rent
1.1%
Price / rent ratio
47
Listings
FHFA home price index · 2016–2025
92.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.31
Median rent / sqft
44 comps
$113.38
Median sold / sqft
44 comps
—
Walkability
5.1%
Area unemployment
BLS LAUS
Median household income $51,396 · median home value $153,700 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 46).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
5010 Wessel Rd, Alpena, MI 49707
Alpena, MI
$44,900$1,746/mo3.9%
7011 French Rd, Alpena, MI 49707
Alpena, MI
$99,000$2,759/mo2.8%
513 Pine St, Alpena, MI 49707
Alpena, MI
$90,000$1,850/mo2.1%
1491 Lake Winyah Rd, Alpena, MI 49707
Alpena, MI
$99,900$1,846/mo1.8%
8516 Long Rapids Rd, Alpena, MI 49707
Alpena, MI
$115,000$2,091/mo1.8%
121 E Campbell St, Alpena, MI 49707
Alpena, MI
$132,000$2,198/mo1.7%