$190,000
7631 Gray Rd
Alma, IL
2 bd1 ba1,120 sqft$170/ft²
House3.00 acres
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Sarah Mitchell
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Compass Real Estate · Alma, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Alma, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Alma, IL Housing Market & Real Estate
Balanced market
Housing market overview · Updated monthly ·
$35,000median sale price
How is the Alma, IL housing market right now?
The median home sale price in Alma, IL is $35,000. Homes sell in an average of 102 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of October 2025 — 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?
Balanced market1.0 months of supply102 avg. days on market
Alma, IL is currently a balanced market, based on 1.0 months of supply and homes selling in about 102 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
102
Average pace
Active listings
1
1.0 months supply
Sale-to-list
82.3%
Below asking
What does the Alma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $35,000 |
| Average days on market | 102 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 82.3% |
| Median price per sq ft | $32/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alma by property type?
How the Alma, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $35,000 | $32/sq ft | 1 | 102 days |
Source: Redfin · Updated monthly
The Alma housing market is currently classified as a balanced market with a median sale price of $35,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 102 days on market, indicating 1.0 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 2.5x provides context for how home values compare to local earning capacity.
Homes for sale in Alma
There are currently 1 homes listed for sale in Alma, Illinois. Featured listings range from $190,000 to $325,000.
$290,000
5179 Wright Rd
Alma, IL
4 bd3 ba2,668 sqft$109/ft²
House
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$325,000
4636 Kinoka Rd
Alma, IL
2 bd3 ba1,728 sqft$188/ft²
House10.00 acres
View photos & details
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Active listings
1
Homes on market
Avg. days on market
102
Days until sale
Sale-to-list:82.3%
Who lives in Alma?
Population
300
Median income
$50,500/yr
Median age
41.6 years
Owner-occupied
73.2%
College grads
8.0%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Alma?
Zillow home value
$125,250
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Alma?
Alma is a community of approximately 0K residents with a median age of 41.6 years.The median household income is $50,500, which represents a working-class community with solid middle-income opportunities. 8.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.5 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 cities are near Alma, IL?
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 $35,000, down 0.0% from last year.
How long do homes stay on market in Alma?
Homes typically spend 102 days on market before going under contract.
What is the median income in Alma?
The median household income is $50,500 per year.
Is Alma a buyer's or seller's market?
With 1.0 months of supply, Alma is currently a balanced market.
How many homes are for sale in Alma?
There are currently 1 homes listed for sale in Alma, IL.
What is the Zillow home value estimate for Alma?
The Zillow Home Value Index (ZHVI) for Alma is $125,250, 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, IL is $35,000 (about $32 per square foot).
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