SIALIMStatistical Intelligence for America's Local Investment Markets

The Most Expensive ZIP Codes in Alpena

Ranked from observed Zillow data as of June 2026 — not a forecast. 6 ZIP codes in the Alpena, MI area. See the Alpena forecast →

Cheaper
More expensive· dot size = population

6 most expensive ZIP codes in Alpena, MI are ringed on the map; all 12 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.

Which are the best ZIP codes to buy in Alpena?

There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 6 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.

Most expensive — June 2026

Ranked by typical home value (Zillow ZHVI), highest first.

#ZIPCityPopulationTypical value
149747Hubbard Lake2.2K$247,545
249753Lachine1.7K$218,949
349766Ossineke2.5K$211,167
449776Posen1.6K$201,017
549707Alpena22.1K$194,004
649746Hillman3.5K$190,986

Fastest-appreciating — past 12 months

Ranked by observed price change over the trailing year, not a forecast.

#ZIPCityPopulationTypical value1-yr change
149776Posen1.6K$201,017+9.4%
249753Lachine1.7K$218,949+7.5%
349707Alpena22.1K$194,004+6.7%
449766Ossineke2.5K$211,167+6.7%
549747Hubbard Lake2.2K$247,545+6.2%
649746Hillman3.5K$190,986+1%

Best rental value — past 12 months

Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.

Not enough data for this list in this metro.

Frequently asked questions

What is the most expensive ZIP code in the Alpena area?

49747 (Hubbard Lake), with a typical home value of $247,545 as of June 2026, the latest month Zillow has published.

Which are the best ZIP codes to buy in Alpena?

It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.

Is this page showing forecasts?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.