The story of this market
The typical home in ZIP 49707 sells for about $199,450, or $119 per square foot.
Prices are up +18.7% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $662 a month.
ZIP 49707 — Alpena
The Alpena housing market is showing signs of growth with a significant year-over-year increase in median sale prices. While inventory remains limited, the market is experiencing competitive conditions with homes selling relatively quickly.
This area is suitable for families and individuals seeking a quiet, community-oriented environment with access to regional natural amenities and a relatively short commute.
Median prices moved up 18.7% year over year.
Homes spend a median of 28 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 19.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49707, Alpena County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Residents primarily drive alone to work with an average commute time of approximately 17.5 minutes.
The area offers access to local parks and community events within the Alpena region, with proximity to Lake Huron waterfront amenities.
The local economy is supported by sectors including education, retail, and manufacturing, with Alpena Community College serving as a key anchor.
Transportation is primarily automobile-dependent with standard highway access serving the Alpena region.
Data aggregated from Census Reporter and Data USA profiles for Alpena city and county.
- Arzo Amusement Park4.34.7 mi
- Alpena Events Complex4.52.5 mi
- Great Lakes Maritime Heritage Center4.82.8 mi
- Besser Museum for Northeast Michigan4.72.1 mi
- Long Lake Park4.38.4 mi
- Bay View Park4.73.1 mi
- Sanctuary Cinema4.73 mi
- Dinosaur Gardens4.511.4 mi
- Great Lakes Maritime Heritage Center4.82.8 mi
- New Presque Isle Lighthouse4.819.3 mi
- Old Presque Isle Lighthouse4.818.3 mi
- Besser Museum for Northeast Michigan4.72.1 mi
- Rockport State Recreation Area4.710.1 mi
- Long Lake Park4.38.4 mi
- Bay View Park4.73.1 mi
- Mich-e-ke-wis Park4.63 mi
- Alpena Wildlife Sanctuary4.71.7 mi
- Jack's Landing4.519.1 mi
- Presque Isle State Harbor4.818.4 mi
- Meijer4.41.5 mi
- Thunder Bay Shopping Center4.22.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary higher education institution serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.