Housing Prices in Alger County, MI
How much do homes in Alger County, MI cost?
Median List Price
$270,000
$156/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Alger County was $270,000 in April 2024, up 72% from the previous year, and the median price per square foot was $156.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | - | N/A |
2 Bedrooms | $68.8K | $514.4K | +647.7% |
3 Bedrooms | $199K | $252.5K | +26.9% |
4 Bedrooms | $152.5K | $177K | +16.1% |
5+ Bedrooms | - | $344K | N/A |
Summary: Alger County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 647.7%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Counties
Schoolcraft County | $94.9K | $199.5K | +110.2% |
Alger County | $157K | $270K | +72.0% |
Delta County | $125.5K | $155K | +23.5% |
Marquette County | $209.5K | $214.4K | +2.3% |
Luce County | $174.9K | $157.5K | -9.9% |
Housing Supply in Alger County, MI
How many homes are available in Alger County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Summary: The Alger County real estate market had 13 homes for sale in April 2024, a 116.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 1 | 6 | +500.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Alger County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 500%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Alger County, MI
How long does it take to sell a home in Alger County, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
113 Days | 71 Days | -36.9% |
Summary: Homes in Alger County had an average listing age of 71 days in Apr 2024, down by 36.9% compared to the previous year.