Why Live in Alpena
Alpena is a nature-based community on the shores of Lake Huron, featuring a slower pace of life and fresh air while maintaining modern conveniences. The neighborhood is built around a river and a wildlife preserve, making it a hub for outdoor attractions like hiking, biking, skiing, kayaking, and snowmobiling. Rockport State Recreation Area, a designated dark sky zone, offers stargazing and fossil hunting opportunities, while Thunder Bay National Marine Sanctuary showcases over 200 shipwrecks through glass-bottom boat tours and scuba diving. The downtown district along the riverside is the heart of the community, filled with locally owned stores, galleries, and unique dining options such as a cider tasting room and an authentic Polish restaurant. Despite the closure of the Alpena Mall, brand-name grocers remain available. The neighborhood hosts several festivals, including the Brown Trout Festival, Alpena Flower Festival, and Alpena Ice Festival, alongside cultural venues like Besser Planetarium and Thunder Bay Theater. Homes in Alpena range from 1920s bungalows to ranch-style houses from the 1950s to 1990s, with a high demand and limited inventory often leading to multiple offers. Flooding risk due to surrounding waterways may necessitate additional insurance. Alpena County Regional Airport provides flights to Detroit, and the city is accessible via U.S. Route 23 and Michigan Route 32. Crime rates are below the state average, contributing to a safer environment. Summers are warm, but winters are long and cold, with an average annual snowfall exceeding 6 feet.
Frequently Asked Questions
What is the average home price in Alpena, MI?
Homes for sale in Alpena, MI have an average home price of $231,960.
How many homes have sold over the last 12 months in Alpena, MI?
296 homes have sold in Alpena, MI over the last 12 months.
What are the most popular zip codes in Alpena, MI?
How much do you need to make to afford a house in Alpena?
The median home price in Alpena is $179,900. If you put a 20% down payment of $36,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $40K a year to afford the median home price in Alpena.
How are the schools in Alpena, MI?
Home Trends in Alpena, MI
On average, homes in Alpena, MI sell after 32 days on the market compared to the national average of 50 days. The median sale price for homes in Alpena, MI over the last 12 months is $172,250, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$172,250
Median Single Family Sale Price
$178,000
Median 2 Bedroom Sale Price
$116,500
Average Price Per Sq Ft
$138
Number of Homes for Sale
47
Last 12 months Home Sales
296
Median List Price
$179,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
