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The median home value in Alpena, MI is $196,939 as of 2026-07-31, up 6.95% from a year earlier.
Median Home Value
$196,939
Year-over-Year
+6.95%
Population
10,108
Alpena ranks #115 of 149 Michigan cities tracked here by median home value, and sits 24.9% below the state's city median of $262,319. It sits in Alpena County, where the county-wide median is $199,568.
Median household income in Alpena is $47,545, so the typical home value is about 4.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Alpena police recorded a violent crime rate of 514 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 989 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Alpena, that value is $196,939. That's up 6.95% from a year earlier. It is about 24.9% below the typical Michigan city tracked here.
Homes in Alpena are cheaper than Alpena County as a whole, where the median is $199,568 — a difference of about 1.3%.
Median household income here is $47,545, so the typical home value is about 4.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Alpena police reported 514 violent crimes per 100,000 residents, covering a population of about 10,108. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.