Alpena County, MI Housing

In Alpena, Michigan County, the median value of housing is $140,400 and is significantly lower than the national average of $338,100. This gap is offset by a higher appreciation rate over the last year in Alpena County at 15.49%, which is nearly double the national rate of 8.27%. This suggests that home values in the county are rising faster than other parts of the country and could be a sign of a healthy local real estate market in Alpena County.

The median home cost in Alpena County is $140,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Alpena County is up 21.4%.

Average Age of Homes

- The median age of Alpena County real estate is 49 years old

The Rental Market in Alpena County

- Renters make up 18.1% of the Alpena County population
- 0.4% of houses and apartments in Alpena County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Alpena, Michigan	United States
	15,682.0	139,647,020.0
	54	42
	$140,400	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$12.46	$10.98
	$1,385	$2,690
	63.0%	57.4%
	19.8%	11.2%
	17.2%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	11.3%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	3.8%	2.4%
	9.2%	2.8%
	13.6%	3.9%
	14.7%	4.5%
	24.7%	11.3%
	12.8%	13.0%
	11.7%	20.1%
	5.8%	13.6%
	0.7%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	9.7%	13.6%
	8.7%	13.2%
	18.5%	14.8%
	9.7%	13.6%
	15.2%	10.0%
	7.8%	4.7%
	16.8%	12.2%

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