Alger County, MI home prices
Alger County, MI: the typical home is worth $221,628 as of 2026-05, up +8.5% over the past year and n/a since 2000. Listings run about $232/sq ft. Rent…
Alger County is accelerating and fairly valued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1992: $91,144 → 2026: $221,628 (2.4×) pre-2000 estimated via FHFA index
Market read
At $221,628, homes in Alger County sit 3% below the Michigan median ($228,626) and 5% below the US median ($233,954). That ranks #45 of 83 Michigan counties by price.
Prices are climbing fast (+8.5% in the last year) — a seller's market.
Homes here take a while to sell — a median 67 days on the market, with 18% of listings cutting their asking price.
At 3.5× local income, that's more affordable than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Schoolcraft County, MI ($197,564) · Marquette County, MI ($257,934) · Delta County, MI ($201,999) · Luce County, MI ($135,888) · Dickinson County, MI ($182,220) · Mackinac County, MI ($229,236)
Frequently asked questions
What is the average home price in Alger County, MI?
Are home prices in Alger County rising or falling?
Is Alger County affordable?
How fast do homes sell in Alger County?
| Year | Median home value |
|---|---|
| 2014 | $145,849 |
| 2015 | $154,580 |
| 2016 | $152,360 |
| 2017 | $155,777 |
| 2018 | $163,369 |
| 2019 | $156,146 |
| 2020 | $158,788 |
| 2021 | $188,756 |
| 2022 | $197,320 |
| 2023 | $206,680 |
| 2024 | $200,819 |
| 2025 | $204,347 |
| 2026 | $221,628 |