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49707, Alpena, MI Housing Market

Hyperlocal market intelligence for ZIP code 49707 in MI. Located in Alpena County, MI. Part of the Alpena, MI metro area.

PropertyIQ Score

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49707, Alpena, MI market data

PropertyIQ Score 59F
Median Price
$192K
Rent (ZORI)
$973
Median DOM
31 days
YoY
+11.2%
What drives the score
Home value YoY: +11.2%3-mo momentum: +1.0%Days on market: 31 daysPrice-reduced share: +18.2%
Data through Jun 2026 · Source: Zillow, hud_fmr, Realtor.com

49707, Alpena, MI Housing Market Overview

ZIP code 49707's median home value is $192K, up 11.2% over the past year. Homes here sell in a median 31 days. Its PropertyIQ Score of 59 sits right around the state average of 50.

The 49707, Alpena, MI housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 49707 captures neighborhood-specific demand patterns within MI, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 49707's PropertyIQ Score of 59 tracks near the Midwest norm.

The PropertyIQ Score for 49707, Alpena, MI is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Use PropertyIQ's analytics tools to evaluate 49707, Alpena, MI alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.

49707, Alpena, MI is located in Alpena County, MI.

This ZIP code is part of the Alpena, MI metro area.

Market data through June 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.