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County Overview

Alger County, MI

Aggregate real estate market report across county ZIPs
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Alger County, MI real estate market currently shows 103 active listings, with 28 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 68 days on market compared to 80 days last year.

The median listing price has risen 1.1% year-over-year, from $333,750 to $337,500.

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Market Context

Market Context

Population: 8,167  ·  Density: 7.5/mi²  ·  Median household income: $56,112

Typical home value: $146,320  ·  Homeownership: 80.6%

Included Areas

Au Train: 49806

Chatham: 49816

Deerton: 49822

Eben Junction: 49825

Grand Marais: 49839

Munising: 49862

Rumely: 49826

Shingleton: 49884

Trenary: 49891

Area Map

Market Overview

Active Listings
103
⇧ 32.1% vs 78 last year
Pending
28
27% pending ratio
Median Price
$337,500
⇧ 1.1% vs $333,750 last year
Average Price
$465,843
⇧ 6.5% vs $437,578 last year
Days on Market
68
⇩ 15% vs 80 days last year

Price Per Square Foot

Median $/sqft
$238
⇧ 7.2% vs $222/sqft last year
Median Home Size
1,576 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 8.7% vs 0.2% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %