Alma, MI
Housing market overview · Updated weekly
$124,000median sale price
Homes sold
9
Last 12 weeks
Days on market
71
Average pace
Active listings
38
4.2 months supply
Sale-to-list
91.8%
Below asking
The Alma housing market is currently classified as a buyer's market with a median sale price of $124,000. Prices have risen 1.7% compared to last year, with homes spending an average of 71 days on market, indicating 4.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Alma
There are currently 38 homes listed for sale in Alma, Michigan. The median listing price is $150K.
Active listings
38
Homes on market
Median list price
$150K
Avg. days on market
71
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Alma?
The median home sale price in Alma is $124,000, up 1.7% from last year.
How long do homes stay on market in Alma?
Homes typically spend 71 days on market before going under contract.
Is Alma a buyer's or seller's market?
With 4.2 months of supply, Alma is currently a buyer's market.
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