Alpine, MI 49321 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alpine, MI—49321

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$356,000

5.8% YoY Growth

Household Income

$74,700

39.1% YoY Growth

Days on Market

67.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$1,500

2.4% YoY Growth

1-Bed Rent

$1,120

24.9% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$1,850

7.2% YoY Growth

Home Price Trends — Alpine, MI

As of May '26, the median home price in Alpine, MI is $356,000, with a year-over-year change of 5.8%. This indicates that home prices in Alpine, MI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$356,000	5.8%
Single Family	$367,000	5.8%
Condos	$288,000	4.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alpine, MI

As of July '25, Rentcast reports the average rent in Alpine, MI is $1,660, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Alpine, MI is 1-bedrooms: $1,130, 3-bedrooms: $1,920, 4-bedrooms: $2,520. The most common rental property sizes in Alpine, MI are 2-bedroom and 1-bedroom, accounting for 65.1% and 25.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,660
Studio Rent	N/A	N/A
1 Bed Rent	$1,120	$1,130
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,850	$1,920
4 Bed Rent	$2,520	$2,520

Loading chart...

% of Rental Stock

Studio

1.2%

1 Bedroom

25.0%

2 Bedrooms

65.1%

3 Bedrooms

7.2%

4 Bedrooms

1.5%

Property Listings — Alpine, MI

As of May '26, Realtor.com reports that the median days on market for a home in Alpine, MI is 28. This is a increase of 67.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$380,000	12.0%
Listing Count	26	-8.0%
Listings as % of Homes	0.2%	-8.0%
Days on Market	28	67.0%

Loading chart...

Demographics — Alpine, MI

As of the latest ACS Survey released in 2023, Alpine, MI has a population of 15,800, which has decreased by -9.2% over the past 5 years. Alpine, MI is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,800	-9.2%
% Under 18	22.5%	-2.2%
% Seniors	16.3%	29.4%
% WFH	7.8%	188.9%
% w/ College Degree	28.5%	5.6%

Loading chart...

As of the latest ACS Survey released in 2023, Alpine, MI is a predominantly white area, with 79.7% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Alpine, MI is hispanic, making up 13.0% of the population. Foreign-born residents account for 4.1% of the population in Alpine, MI, and this percentage has decreased by 36.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.7%	-2.8%
% Black	3.7%	-28.8%
% Hispanic	13.0%	52.9%
% Asian	0.2%	-88.9%
% Foreign Born	4.1%	-36.9%

Loading chart...

Mortgage and Risk — Alpine, MI

According to HUD data as of 2023, there were 254 mortgage originations in Alpine, MI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Alpine, MI. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	254
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

Loading chart...

Rentals and Section 8 — Alpine, MI

Alpine, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	165
Total Units Section 8	165
% Rentals under Section 8	7.2%
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$60	$1,120	$1,060
2 Bedroom	N/A	N/A	$1,270
3 Bedroom	-$200	$1,850	$1,650
4 Bedroom	-$710	$2,520	$1,810

Alpine, MI—49321

Key Metrics at a Glance

Home Price Trends — Alpine, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpine, MI

% of Rental Stock

Property Listings — Alpine, MI

Demographics — Alpine, MI

Race and Ethnicity

Mortgage and Risk — Alpine, MI

Mortgages

Rentals and Section 8 — Alpine, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpine, MI

Home Price to Income Ratio

Alpine, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Walker, MI

Sparta, MI

Grand Rapids, MI

Grand Rapids, MI

Grand Rapids, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$356,000
Median Household Income	$74,700

Alpine, MI—49321

Key Metrics at a Glance

Home Price Trends — Alpine, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpine, MI

% of Rental Stock

Property Listings — Alpine, MI

Demographics — Alpine, MI

Race and Ethnicity

Mortgage and Risk — Alpine, MI

Mortgages

Rentals and Section 8 — Alpine, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpine, MI

Home Price to Income Ratio

Alpine, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Walker, MI

Sparta, MI

Grand Rapids, MI

Grand Rapids, MI

Grand Rapids, MI

Frequently Asked Questions

What is the average home price in Alpine, MI 49321?

How have home prices in Alpine, MI 49321 changed over the past year?

What is the home price projection for Alpine, MI 49321?

What are the demographics of Alpine, MI 49321?

How long does it take homes to sell in Alpine, MI 49321?

What is the average rent price in Alpine, MI 49321?