Housing in Alcona

A typical Alcona home is worth roughly $214,000

Typical home value

$214K

MI $266K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$1,662

MI $2,904

What kind of housing town is Alcona?

Read from the numbers below. The page puts what stands out first.

A second-home town55% of homes are seasonal or vacation homes.A town of owners99% of households own their home.Your money goes further20% below the Michigan typical home.

★ What stands out · The homes

99% of Alcona households own their home

Half of Alcona’s homes were built before 1974.

Owners and renters

Own 99%Rent 1%

Michigan: 73% own.

1974

typical home built · MI 1972

$1,662

median property tax bill · MI $2,904

0.78%

of a home’s value, a year in tax · MI 1.25%

55%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 3 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$289,000

Typical Alcona home $214K

That covers a typical Alcona home, with $75K to spare.

The typical home, each month

$1,260

Loan $1,060Tax $140Insurance $60

A two-bedroom rents for about $990 a month here, $270 less than owning.

Where your budget reaches nearby

Caledonia$238K Hawes$176K Haynes$196K Sanborn$156K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Alcona’s typical property tax (0.78% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $990

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$810

2 bedrooms$990

3 bedrooms$1,320

4 bedrooms$1,500

of households rent · MI 27%

16%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Alcona County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Alcona vs. its neighbors

Alcona is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Caledonia$238K Alcona$214K Haynes$196K Hawes$176K Sanborn$156K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Alcona	$214K*	—	$990	—	$72,500
Caledonia	$238K*	−7%†	$1,010	—	$71,513
Hawes	$176K*	—	$990	—	$67,500
Haynes	$196K*	—	$1,000	—	$54,315
Sanborn	$156K*	—	$970	3	$61,827

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Alcona buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Alcona still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.