Alpena, SD Real Estate Market Summary – September 8, 2026

The real estate market in Alpena, SD has seen 27 transactions in the past month, which translates to an average pace of 1 every 1.11 days. Homes have spent an average of about 17 days on the market before being purchased, with median sales prices at $190,499.

Metric 30 Days
Number Sold 27
Sold Per Day 1 every 1.11 days
Average SQFT 2070
Median Sales Price $190,499
Average Sales Price $247,454
Average Price Per SQFT $125
Average Days on Market 17
Average Year Built 1967

 

Alpena, SD Single Family Home Analysis

In the single-family home segment, there were 26 transactions with an average selling price of $247,744. Homes generally have a median living area of 1,960 square feet and are spending around 16 days on the market.

Metric 30 Days
Number Sold 26
Sold Per Day 1 every 1.15 days
Average SQFT 2103
Median Sales Price $190,250
Average Sales Price $247,744
Average Price Per SQFT $122
Average Days on Market 16
Average Year Built 1965

 

Alpena, SD Condo & Townhome Analysis

For condo and townhome properties, only 1 unit was sold with an average sale price of $239,900. This segment had a consistent living area of 1,216 square feet and a longer average market presence of 22 days.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1216
Median Sales Price $239,900
Average Sales Price $239,900
Average Price Per SQFT $197
Average Days on Market 22
Average Year Built 1996

 

Buyer & Seller Analysis

  • 1 home was sold every 1.11 days in the overall market.
  • On average, homes spent 17 days on the market before being purchased.
  • The median sale price in the market was $190,499.
  • Data does not disclose sale prices for active listings.

Conclusion

Overall, the Alpena market indicates a stable environment with a steady pace of transactions. The current median sale prices reflect local trends and may provide insights for prospective homeowners.

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