Comprehensive market data and analysis• Updated Oct 2026
12.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 7 | 10 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | - | - | 1 | 4 |
| 5-10 acres | 2 | 2 | 2 | 5 |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | 1 | 1 | 5 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 7 | 13 | 30 |
Acreage buckets
The median price for land in Alpena, Michigan is currently $23K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $264K.
Alpena, Michigan is currently a strong buyer's market with 12.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Alpena, Michigan currently has 12.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Alpena, Michigan typically sells within 126 days of listing. The median time on market is 38 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Alpena, Michigan saw 31 properties sold, totaling $3.6M in sales volume. In just the last 3 months, 7 properties changed hands.
There are currently 29 active listings in Alpena, Michigan. 12 new listings have hit the market in the last 90 days. The median asking price is $70K.
Land in Alpena, Michigan averages $67K per acre. The median price per acre is $23K, which may be more representative of typical transactions. Most parcels sold are around 2.9 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Alpena on LandyDandy.
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