Zip lookup · MI

49707
Alpena, Michigan.

Alpena, Alpena County, MI · Alpena, MI metro · population 21,881

What it costs per month · 49707 $1,006/mo

to buy the typical home at today's mortgage rate — +$576 (+134%) since Jan 2020.

What the home itself did
1 year
Up $15,414 +9%
$176,314$191,728 since Sep 2025
5 years
Up $47,675 +33%
$144,054$191,728 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 49707 $1,006 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49707$1,006
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in zip 49707 rose 8.7% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Alpena County, MI 96% · Presque Isle County, MI 4%

Zillow also publishes an index for the city itself: Alpena, MI — measured over the city limits, which is a different area from this zip.

Typical home value $191,728 as of Sep 2026
+8.7%year on year

Typical home value — 49707

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 49707 $191,728 Alpena $193,139 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 49707$191,728
  • Alpena$193,139
  • United States$366,157

Within 20 miles

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.