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Home values, rents and more in ZIP code 49706 (Alanson, MI)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$304,000
Metro: $438,000 · U.S.: $366,000
Home values, past year
+8.1%
Metro: +8.5% · U.S.: +1.2%
Population
4,920
ACS 2020–24
Median household income
$76,906
Metro: $78,112 · U.S.: $80,734
ZIP codes around 49706, shaded by typical home value49706497214974049770497994975549749497694970549716
  • Under $230k
  • $230k–$260k
  • $260k–$330k
  • $330k–$450k
  • $450k+
  • No data
ZIP codes around 49706, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 49706 is outlined.

How 49706 compares

The typical home in ZIP code 49706 (Alanson, MI) is worth about $304,000, according to the Zillow Home Value Index for September 2026. Home values in 49706 are 31% below the typical value in the Petoskey metro area ($438,000) and 17% below the U.S. typical value ($366,000).

Over the past year, home values in 49706 rose 8.1%, compared with +8.5% in the Petoskey metro area and +1.2% nationally.

The median household income is $76,906, against $78,112 in the Petoskey metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,920 people live in 49706 (American Community Survey 2020–24).

49706 has the 4th-lowest typical home value of the 8 ZIP codes in the Petoskey metro area and the 261st-highest of 891 in Michigan with Zillow figures.

Part of: Alanson, MI · Emmet County, MI · Petoskey metro area · Michigan

More for 49706 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 49706 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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