Alpha, MI Foreclosures
Current Market Conditions in in Alpha, MI As of February 2026?
Over the past month, Alpha's real estate market has seen slight increases in average home prices, up about 2% since last month. This uptick in prices can be attributed to the growing interest in rural living, as more families and individuals look to capitalize on Alpha’s appealing lifestyle. Properties have been moving quickly, with some homes selling within days of being listed. While inventory remains stable, the demand is increasing, suggesting a competitive market ahead.
How much do homes sell for in Alpha, MI?
The average home price is currently $90,473.
In Alpha, MI, how many homes are available?
There are currently 1 active home listings available in Alpha.
What’s the average rental cost in Alpha, MI?
The average rental price in Alpha is $1,292.
What is the most expensive home in Alpha?
The most expensive home sold in Alpha had a price of $274,723.
What is currently the cheapest priced home in Alpha, MI?
The cheapest home for sale in Alpha is priced at $10,686.
Living in Alpha, MI
Nestled in the beautiful Upper Peninsula of Michigan, Alpha offers a tranquil lifestyle characterized by its natural beauty and outdoor pursuits. This small village fosters a strong sense of community while providing easy access to larger cities for more extensive amenities. Its scenic landscapes are perfect for both relaxing and adventure-seeking residents.
Buyer vs Seller Market in Alpha, MI
Currently, the real estate market in Alpha, MI, is experiencing a stable trend, with home prices reflecting the area's desirable outdoor lifestyle and community atmosphere. The market remains accessible for first-time buyers, while those looking for investment properties are also discovering potential due to the increasing popularity of rural living in Michigan.
As more people seek refuge from busy urban environments, demand for properties in Alpha has shown a steady increase. Buyers are particularly interested in homes that capitalize on the area's natural surroundings, leading to a variety of home styles on the market. Homes are selling slightly faster as interest picks up, indicating a promising phase for sellers.
Home Value Estimator For Alpha, MI
There are currently 129 real estate properties
in Alpha, MI,
with a median automated valuation model (AVM) price
of $81,621.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alpha, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Alpha, MI,
is $90,473.00, with the most expensive house
in Alpha, MI, topping out
at $274,723.00 and the cheapest home
in Alpha, MI,
clocking in at $10,686.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alpha, MI!
Rent Prices
In Alpha, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alpha, MI, is on
a rollercoaster ride. The
average rent price in Alpha, MI,
is $1,292.00. Indeed, when looking to rent in
Alpha, MI, you can expect to pay as little
as $1,020.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Alpha, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.