Alcona County, MI Average Home Price (2026)
The average home price in Alcona County, Michigan is about $200,000 (the 2026 median across 10 ZIP codes, at ~$179/sq ft) — 18% more affordable than the Michigan median and 31% more affordable than the typical U.S. home.
How Alcona County compares
Alcona County is relatively affordable for housing nationally: its typical home costs $200,000 against $244,000 for Michigan and $289,000 for the U.S. Within the county, ZIP-level values run from about $127,000 to $249,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Alcona County | $200,000 | $179 |
| Michigan | $244,000 | $187 |
| United States | $289,000 | $193 |
Alcona County home prices by ZIP code
The 10 most valuable ZIP codes in Alcona County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 48738 Greenbush | $249,000 | $262 | +25% |
| 49747 Hubbard Lake | $243,000 | $272 | +22% |
| 48740 Harrisville | $220,000 | $198 | +10% |
| 48762 Spruce | $220,000 | $164 | +10% |
| 48721 Black River | $215,000 | $247 | +8% |
| 48742 Lincoln | $185,000 | $145 | -7% |
| 48728 Curran | $175,000 | $175 | -12% |
| 48745 Mikado | $165,000 | $183 | -17% |
| 48705 Barton City | $160,000 | $152 | -20% |
| 48737 Glennie | $127,000 | $164 | -36% |
Home value appreciation in Alcona County
Home prices in Alcona County have risen about 111% over the last 10 years (≈7.7% a year) and +61.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.1% — still rising. A home worth $200,000 today was worth roughly $94,877 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Michigan is +96.7% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Alcona County
Run the numbers for Alcona County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Alcona County
To buy the typical $200,000 home in Alcona County with 20% down, you need a household income of roughly $54,000 a year (about $1,270 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $65,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,000 | $1,580/mo | $68,000/yr |
| 10% (+PMI) | $20,000 | $1,510/mo | $65,000/yr |
| 20% | $40,000 | $1,270/mo | $54,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Alcona County
At about $179 per square foot, here is roughly how much home different budgets get you in Alcona County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 840 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1120 sq ft | around the typical home here |
| $250k | 1400 sq ft | around the typical home here |
| $300k | 1680 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2230 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Michigan.
Estimate a specific home in Alcona County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Alcona County home prices: frequently asked
What is the average home price in Alcona County, MI? +
What salary do you need to buy a house in Alcona County? +
Which part of Alcona County is most expensive? +
Are home values in Alcona County going up? +
Browse all Michigan cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.