Alpena, MI · ZIP 49753 · Census Tract 26007000102 · 2027–2030 outlook
Current modeled value
$175K
Downside (P10)
$152K
-13% by 2030
Base Case (P50)
$180K
+3% by 2030
Upside (P90)
$240K
+37% by 2030
Base case: +3% by 2030, with a forecast range from -13% to +37%. Uncertainty is narrow relative to similar Alpena markets.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $114K | $114K | $144K | $163K | $170K | $172K | $175K | $175K | $178K | $180K |
| YoY Change | -0.4% | +26.2% | +13.4% | +4.1% | +1.3% | +1.8% | -0.1% | +2.1% | +1.0% | |
| Downside (P10) | $156K | $150K | $157K | $152K | ||||||
| Upside (P90) | $196K | $208K | $222K | $240K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight, though uncertainty widens modestly by 2030.
1-Year Spread
$155K to $183K
16.2% of median
5-Year Spread
$152K to $240K
49.1% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Sanborn area | $173K | $192K | +10.9% |
| Wilson area | $164K | $168K | +2.3% |
| Alpena | $193K | $202K | +4.6% |
| Wilson area | $155K | $178K | +14.9% |
| Long Rapids area | $136K | $153K | +12.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Alpena | $136K | $158K | +16.4% |
| Alpena | $76K | $88K | +16.2% |
| Wilson area | $155K | $178K | +14.9% |
| Alpena | $246K | $279K | +13.6% |
| Long Rapids area | $136K | $153K | +12.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Alpena | $76K | $88K | $47K |
| Alpena | $136K | $158K | $77K |
| Long Rapids area | $136K | $153K | $81K |
| Alpena | $116K | $126K | $81K |
| Sanborn area | $173K | $192K | $89K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources