SIALIMStatistical Intelligence for America's Local Investment Markets

49707Alpena, MI Home Values

Typical home value $194,004 as of June 2026 · 5th of 6 in Alpena, MI

Typical value — June 2026
$194,004
observed, not a forecast
Past 12 months
+6.7%
trailing year-over-year change
Past 5 years
+34.9%
June 2021 to June 2026
Rank in metro
5th
of 6 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 49707, June 2021 to June 2026. This page shows observed data only; no forecast.

How 49707 compares in the Alpena, MI area

ZIP code 49707 (Alpena, MI) has a typical home value of $194,004 as of June 2026, ranking 5th of 6 ZIP codes tracked in the Alpena, MI area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +6.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +34.9%, from $143,762 in June 2021 to $194,004 in June 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Alpena, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Alpena.

Population and demographics

ZIP code 49707 has a population of 22,050, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.6% White, 2.4% two or more races, 2% Hispanic or Latino, 0.9% Black or African American, 0.5% Asian, 0.4% another race, and 0.1% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Pied Piper School444 WILSON ST, ALPENA, MI1.2 mi
Besser Elementary School375 WILSON ST, ALPENA, MI1.3 mi
ACES Academy3303 S THIRD AVE, ALPENA, MI2.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 49707?

$194,004 as of June 2026, the latest month Zillow has published observed data for.

Is 49707 an expensive ZIP code in the Alpena, MI area?

49707 ranks 5th of 6 ZIP codes in the Alpena, MI area by typical home value, more expensive than about 33% of ZIP codes in the metro.

How much have home values in 49707 changed over the past year?

+6.7% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 49707?

22,050, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 49707?

Pied Piper School (1.2 mi), Besser Elementary School (1.3 mi), ACES Academy (2.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 49707?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Alpena, MI forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.