- 3 bd
- 1 ba
- 1,570 sqft

The average Alpena, MI home value is $192,261, up 8.7% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $192,261
1-Year Value Change: +8.7%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Alpena, MI is $192,261 as of September 2026. This represents a 0.8% increase compared to last month and a 8.7% increase year-over-year.
Home values in Alpena, MI have increased by 0.8% month-over-month and 8.7% year-over-year.
The median home value in Alpena, MI ($192,261) compares to: Alpena County ($193,096), Michigan ($263,760), and the U.S. national median ($366,157).