$5,500
0.66 Acres
Land
RICK BAILEY, Listing Office: ARENAC REALTY CO., PETE STANLEY & ASSOCIATES
Housing Prices in Alger, MI
How much do homes in Alger, MI cost?
Median List Price
$159,900
$130/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$44,950(+39.1%)
Key Takeaway
The list price of homes in Alger has increased by 39.1% since last year.
Summary: The median home list price in Alger was $159,900 in November 2024, up 39.1% from the previous year, and the median price per square foot was $130.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.5K | $95K | +192.3% |
| 2 Bedrooms | $89.9K | $124.9K | +38.9% |
| 3 Bedrooms | $127.4K | $194K | +52.3% |
| 4 Bedrooms | $379K | $324.7K | -14.3% |
| 5+ Bedrooms | - | $2.2M | N/A |
Summary: Alger housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.3%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 52.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Moffatt Township | $96.9K | $160.9K | +66.0% |
| Alger | $114.9K | $159.9K | +39.1% |
| Horton Township | $305K | $319.9K | +4.9% |
Housing Supply in Alger, MI
How many homes are available in Alger, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Alger real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alger housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Days on Market for Alger, MI
How long does it take to sell a home in Alger, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 271 Days | 174 Days | -35.9% |
Summary: Homes in Alger had an average listing age of 174 days in Nov 2024, down by 35.9% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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