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Featured local agent — Alma, AR
Sarah Mitchell
Compass Real Estate · Alma, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alma, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$244,950median sale price
How is the Alma, AR housing market right now?
The median home sale price in Alma, AR is $244,950, down 13.1% year-over-year. Homes sell in an average of 15 days with 19 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alma a buyer's or seller's market?
Alma, AR is currently a balanced market, based on 4.8 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
15
Fast-moving
Active listings
19
4.8 months supply
Sale-to-list
100.6%
Above asking
What does the Alma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $244,950 |
| Median list price | $205,000 |
| Year-over-year price change | -13.1% |
| Average days on market | 15 days |
| Active inventory | 19 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $129/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 14 |
| Listings with a price cut | 31.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alma by property type?
How the Alma, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $244,950 | $129/sq ft | 4 | 15 days |
Source: Redfin · Updated monthly
The Alma housing market is currently classified as a balanced market with a median sale price of $244,950. Prices have fallen 13.1% compared to last year, with homes spending an average of 15 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Alma
There are currently 19 homes listed for sale in Alma, Arkansas. The median listing price is $205K.
Active listings
19
Homes on market
Median list price
$205K
Avg. days on market
15
Days until sale
New this week
14
Newly listed
Who lives in Alma?
Population
5,879
Median income
$58,320/yr
Median age
27.5 years
Owner-occupied
45.6%
College grads
18.6%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Alma?
Zillow home value
$250,194
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Alma?
Alma is a community of approximately 6K residents with a median age of 27.5 years.The median household income is $58,320, which represents a working-class community with solid middle-income opportunities. 18.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.6%, showing a blend of owner and renter-occupied properties. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alma offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alma?
4 schools tracked · 3,093 students
The largest public schools serving Alma, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALMA HIGH SCHOOL
Grades 9-12 · 978 students
ALMA MIDDLE SCHOOL
Grades 6-8 · 751 students
ALMA INTERMEDIATE SCHOOL
Grades 3-5 · 700 students
ALMA PRIMARY SCHOOL
Grades K-2 · 664 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alma, AR?
Want a head-to-head view? Compare Alma side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Alma?
The median home sale price in Alma is $244,950, down 13.1% from last year.
How long do homes stay on market in Alma?
Homes typically spend 15 days on market before going under contract.
What is the median income in Alma?
The median household income is $58,320 per year.
Is Alma a buyer's or seller's market?
With 4.8 months of supply, Alma is currently a balanced market.
What is the Zillow home value estimate for Alma?
The Zillow Home Value Index (ZHVI) for Alma is $250,194, representing the typical home value in the area.
How much does a single-family home cost in Alma?
The median single-family home price in Alma, AR is $244,950 (about $129 per square foot).
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