Market Overview
Home Prices in Alden, MI
The median home value in Alden, MI is $421,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alden are priced3% above average. Alden is part of the Traverse City, MI metro area.
Over the past five years, Alden home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Alden Home Price Trend
City Comparison
Alden vs. National Median
At $421,279, homes in Alden cost 3% above the national median of $410,000. Buyers in Alden should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Alden?
20% Down Payment
$84,256
on $421,279
Monthly P&I
$2,197/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,790/mo
incl. taxes & insurance
Income Needed
$111,600
gross annual (30% rule)
10% Down Option
$42,128
+ PMI applies
Loan Amount (20% dn)
$337,023
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alden, MI?
The median home value in Alden is $421,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Alden?
Over the past year, home values in Alden have increased by 5%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Alden?
To comfortably afford the median home price of $421,279 with a 20% down payment ($84,256) at today's rates (6.8%), you'd need a gross annual income of approximately $111,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Alden compare to the national average home price?
The national median home value is approximately $410,000. At $421,279, homes in Alden are 3% above the national average.
What metro area is Alden part of?
Alden is part of the Traverse City, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.